Totally agree Mr ShareJagger, the institutional investors are just starting to show interest in CKA after the last two difficult years; with China Rail defaulting on their contract to provide $US20mil in funding; then all the COVID worldwide travel restrictions and lockdowns. CKA shareholders are blessed to have a very astute coal team as our major shareholders and our financier, who has over 30 years of experience in the coal industry in Indonesia. This team will take this company into very profitable coal production.
The word from another mine operator in close proximity to CKA, also located in the Central Province, Kalimantan, is that HPU has prepared a significant amount of their mining machinery, which apparently are located within 100 kilometres from BBM, are ready for imminent mobilisation to site. IMO HPU is determined to be mining sooner than anticipated and if that is correct, the current SP will be at least three times its value within ten weeks as institutional investors come on board and then at least double that value by early next year when the first of TBAR’s drill results start to be announced.
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Last
7.8¢ |
Change
-0.003(3.70%) |
Mkt cap ! $84.15M |
Open | High | Low | Value | Volume |
8.4¢ | 8.4¢ | 7.8¢ | $21.83K | 265.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 124169 | 7.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.5¢ | 6337 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 124169 | 0.078 |
1 | 8700 | 0.077 |
1 | 40000 | 0.075 |
1 | 10000 | 0.074 |
1 | 140690 | 0.071 |
Price($) | Vol. | No. |
---|---|---|
0.085 | 6337 | 1 |
0.087 | 29995 | 1 |
0.090 | 100000 | 1 |
0.091 | 100000 | 1 |
0.092 | 108000 | 1 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
CKA (ASX) Chart |
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