CKA was producing and selling coal at a loss last quarter when met was $250
CKA will be producing and barely selling coal in this quarter (because river is dry), when met coal is $210
CKA needs more debt just to finance working capital
CKA needs more debt to build the conveyor
CKA needs more debt to build a washery ..the more time it takes the cheaper their coal will be vs the benchmark due to the high ash content
CKA needs more debt to complete the road
CKA's debt rose in the last quarter when they were producing and selling coal at $250 met
Mines dont get built in a wonder land -- needs money and resources
CKA's debt has been rising last 2 years and will now start to snowball as they loose money on sold tons as well
death spiral mode on
CKA was producing and selling coal at a loss last quarter when...
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CKA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
8.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $87.39M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 128999 | 8.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.1¢ | 307055 | 1 |
View Market Depth
| Last trade - 16.12pm 09/08/2024 (20 minute delay) ? |
| CKA (ASX) Chart |
Day chart unavailable