CKA 4.44% 8.6¢ cokal limited

The important thing is to look at how the money will be spent in...

  1. 22,598 Posts.
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    The important thing is to look at how the money will be spent in Mar Qtr vs the Dec Qtr:

    Item..........................Mar Qtr..........................Dec Qtr

    Production...............$2.176 mil.........................$0
    Development............$958K.............................$815K
    Staff..........................$479K.............................$241K

    So, IMO, the CR will be 100 mil shares @ 4.5c

    This will give the company the leeway to sell PCI @ spot price which should be good news.
    With production costs for the Mar Qtr @ $2mil+, revenue should be at least twice that, IMO, which should see us sweet for subsequent Qtrs.
 
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