This production Gig is all too hard LOL so lets just sell the farm!
BBM Reserves 24 million tonnes x US$5 = US$120
BBM Resources (nit converted to Reserves: 200 million tonnes x US$2 = US$400
Road as strategic asset US$25 million
Batu Tuhup as Strategic Asset (invaluable to Petrindo) US$ 30 Million
Various Barges, trucks etc US$5 million.
TOTAL BBM: US$580
BBM owes Eddie US$22 million.
So lets say Residual Price US$540 million.
BBM 40% holders: US$216 (nice pick up for doing nothing)
BBM Cokal 60% US$324
BBM owes us US$40 million
So total to Cokal: US$ 364
While fantasizing Toss in another US$56 million for our 75% of TBAR and BPP.
TOTAL: US$ 420 Million
Total AUD$ 646 Million
Per Cokal Share: 60 cents.
So as you all know I do not really propose selling the assets AND this is full of assumptions and generalities and suspect logic.
However does it suggest that we have an asset valued at 10 cents a share?
ALL IN MY OPINION DYOR
- Forums
- ASX - By Stock
- Ann: Infrastructure Joint Venture Advances to the Next Stage
This production Gig is all too hard LOL so lets just sell the...
-
-
- There are more pages in this discussion • 546 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CKA (ASX) to my watchlist
(20min delay)
|
|||||
Last
7.7¢ |
Change
-0.001(1.28%) |
Mkt cap ! $83.07M |
Open | High | Low | Value | Volume |
7.9¢ | 7.9¢ | 7.5¢ | $11.82K | 151.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9577 | 7.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.9¢ | 101805 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9577 | 0.077 |
1 | 65677 | 0.076 |
2 | 21346 | 0.075 |
1 | 30000 | 0.073 |
1 | 50000 | 0.072 |
Price($) | Vol. | No. |
---|---|---|
0.079 | 101805 | 1 |
0.080 | 200000 | 1 |
0.081 | 312804 | 2 |
0.082 | 200000 | 2 |
0.084 | 394999 | 2 |
Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
Featured News
CKA (ASX) Chart |
The Watchlist
EL8
ELEVATE URANIUM LTD
Murray Hill, MD & CEO
Murray Hill
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online