By the time things roll around again with rising coal prices, CKA will have logistics infrastructure secured, BBM reserve upgrade, TBAR JORC out, mining TBAR, and more media on the need to push towards Kalimantan.. CKA a mining producer of metallurgical Coal in Kalimantan will get plenty of eyes and ears from investors and potential buyers.
For those that remember, the 18.6-year tidal patterns (SJ will be able to explain better than me), have Jakarta street levels underwater around late 2026.
Did anyone mention recently that Indonesia is about to or already emerging as one of the fastest-growing global economies?
There should be more talk about the One Belt One Road, expanding construction, and a new era in the economy.
JS, you are right it's good buying down here at these low prices. M Resources don't buy into projects for 2:1 reward risk-return. They buy in for a minimum 5x or more.
All in my view, with my own emphasis.
CKA Price at posting:
12.0¢ Sentiment: Hold Disclosure: Held
