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7.7¢ cokal limited

3 trips a day and 7days hauling. Not a holiday camp.The can add...

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12,238 Posts.

1506

02/05/23

11:34

Post #: 67561297
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Originally posted by Jenkstar: ↑

They will need the conveyor loader to reach the 1-2mtpa target. At the moment, imo the floating crane will manage for the next 6-12 months. We just need to start to get a steady flow of 3,000-4000t barges coming up river. 1-2 of those a week in the next couple of months will get things started. It’s all about ramping things up. 160 barges will get us to 500,000t. That is a nice target; just need SGE to find a couple of barges and we will be away!

A nice photo of all those trucks. Not quite as good as a single barge but still very positive. 15 trucks hauling 30t achieving 2 rounds trips a day in a 5 day week will put 4,500t into the Batu Tuhup stockpile each week. It will really start to grow rapidly and when they double that it will start to look very positive. That will be the equivalent of 500,000tpa. Just need to see those first barges arrive!

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3 trips a day and 7days hauling. Not a holiday camp.
The can add night shift if required to better utilize the trucks

CKA Price at posting: 15.0¢ Sentiment: Buy Disclosure: Held
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Last 7.7¢		Change -0.003(3.75%)		Mkt cap ! $83.07M

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