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22nd June images - didn't get round to posting them...

  1. playdough
    858 Posts.
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    24/06/24
    09:24
    Post #: 74452646
    22nd June images - didn't get round to posting them yesterday
    https://hotcopper.com.au/data/attachments/6266/6266303-3a0b5ad988395aa29ced0caaa6f4d24f.jpg
    Water levels at Krajan quite high again after another 40mm through 22nd (for anyone new, this is where 800t barges take coal downstream to Batu Tuhup from the very nearby Pit 3)

    https://hotcopper.com.au/data/attachments/6266/6266373-079c369b6f735fbfbf84a106c363b9bb.jpg
    Batu Tuhup loading the next 4000t vessel - hopefully another load gone before quarter ends. Given only one of the 2 barges visible presume other is also active moving product.

    https://hotcopper.com.au/data/attachments/6266/6266489-3118eaf36a3edd2debb411a896422b9e.jpg
    https://hotcopper.com.au/data/attachments/6266/6266436-427fd44f2e096cbf7329e52f2466388f.jpg
    Pit 3 and Batu Tuhup May 2022 to current. 2 years and $31million of sunk costs (inc access road not shown) and we're producing. Market cap only $105 million is a steal IMO
    CKA Price at posting: 9.8¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 4  Great analysis
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