CKA
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2.56% 8.0¢ cokal limited

CKA is literally making a $ loss from every single ton of coal...

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  1. coeus12345
    466 Posts.
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    15/08/24
    20:26
    Post #: 75227866
    CKA is literally making a $ loss from every single ton of coal it sells as of today. Th guidance for mining cost is ~$130/t -- where as reality is easily above $150/t.

    Now adjust for more corporate and other operating costs and finance costs and Cokal is actually losing money now --- more debt, more capital raising -- death spiral

    https://hotcopper.com.au/data/attachments/6385/6385294-95d6ed93d1e515ec93d5bea78aa2ca7c.jpg

    CKA Price at posting: 8.6¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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