CKA 1.32% 7.5¢ cokal limited

Ann: Half Year Accounts, page-174

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  1. 12,269 Posts.
    lightbulb Created with Sketch. 1519
    Makes me dizzy every time I try to figure it out.
    BMA will be a part of the team in mining in my opinion but not an owner is any merger or such like. So something like a portion of the profits of BBM opencut for the supply of funds and knowledge for developing the deposit.
    So that will be for Cokal or the new owner. The TBAR, BBP, BBM Underground and the other prospect would remain with Cokal or new owner.
    I think that we all forget sometimes that the 21 Mt BBM Reserve is a small part of the BBM 260+ Mt Resource and the larger TBAR and Semi soft coking coal BBP that has an easier logistics route.

 
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