CKA 3.75% 7.7¢ cokal limited

250kt was always going to be a big ask, but imo is only...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,127 Posts.
    lightbulb Created with Sketch. 269
    250kt was always going to be a big ask, but imo is only achievable with the road in full use.

    50 trucks carrying 25-30t doing 2 trips a day would carry 2500-3000t/day. Do that for 100 days and you’re there.

    Obvious problem is you need a completed road and 50 trucks. They will come, it’s just a question of how fast. I’m probably more comfortable with this. The port to market logistics is the bit which is concerning as we are yet to see that leg of our success story work.

    Hopefully a big announcement next week; certainly shares on sell side seem to be disappearing at prices under 20c; are we starting to witness the rising trend commence?


 
watchlist Created with Sketch. Add CKA (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.