CKA 2.60% 7.9¢ cokal limited

Yes Dannyleb, excellent deal!. Can you confirm my calculation...

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  1. 377 Posts.
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    Yes Dannyleb, excellent deal!. Can you confirm my calculation that CKA is paying the equivalent of $US4.40 per tonne of production - Strip Ratio for BBM from memory was around 22 BCM/t and it is agreeing to pay US20c per BCM of overburden removal. If it produces 2mtpa it will pay fees of $8.8m. Fortunately the fees are capped at $US40m. So, CKA borrows $US20m from the Chinese and repays $US60m. Is this how you see it?


 
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Last
7.9¢
Change
0.002(2.60%)
Mkt cap ! $85.23M
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8.1¢ 8.1¢ 7.6¢ $13.40K 174.6K

Buyers (Bids)

No. Vol. Price($)
1 19503 7.7¢
 

Sellers (Offers)

Price($) Vol. No.
8.0¢ 238455 1
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Last trade - 16.10pm 04/10/2024 (20 minute delay) ?
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