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A couple of years back they said they wouldn't accept anything...

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Chrisdouglas13

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20/07/21

16:54

Post #: 54636724
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Originally posted by Manegarda: ↑

In my opinion this is a very very smart move for cokal. Proving up TBAR with JORC reported reserves is a strong takeover defence.

atm any offers would purely be based on BBM, and what drill results we currently have. “Potential” is not something that easily comes into valuation no matter the conviction in TBAR’s potential.

having comprehensive drill results for TBAR will force a rerate based on the companies updated reserves and if it’s as juicy as I think it could be, SJ might want to revise any potential takeover bids UP.

if we have good results and now the money to mine it ourselves, good luck getting shareholders to flip.

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A couple of years back they said they wouldn't accept anything under 50c.

CKA Price at posting: 8.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 7.8¢		Change 0.001(1.30%)		Mkt cap ! $84.15M

Open	High	Low	Value	Volume
7.8¢	7.8¢	7.4¢	$5.591K	74.24K

Buyers (Bids)

No.	Vol.	Price($)
1	43179	7.6¢

Sellers (Offers)

Price($)	Vol.	No.
7.8¢	43797	1

View Market Depth

No.	Vol.	Price($)
1	43179	0.076
2	267000	0.071
3	177700	0.070
1	73529	0.068
1	15000	0.066

Price($)	Vol.	No.
0.078	43797	1
0.079	101805	1
0.080	200000	1
0.081	312804	2
0.082	200000	2

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A couple of years back they said they wouldn't accept anything...

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

Cauldron Energy reports "excellent" uranium assays in latest drill run

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A couple of years back they said they wouldn't accept anything...

Top Stories

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

Cauldron Energy reports "excellent" uranium assays in latest drill run

Defence MOU for propulsion systems pushes Aurora Lab shares higher

Issues emerging as Australian companies tackle critical minerals challenge

Tigers Realm's US$49M sale of Russian assets – to a Kremlin-adjacent billionaire – set to go ahead

NRW Holdings inks $109M deal with BHP for works at Jimblebar

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

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