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4.05% 7.7¢ cokal limited

Ann: Trading Halt, page-61

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  1. ShareJagger
    12,251 Posts.
    lightbulb Created with Sketch. 1511
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    11/08/24
    10:38
    Post #: 75157065
    So 2023 Petrindo bought PT Multi Tambanjaya Utama from Indika for US$218 million. Lousy old Thermal coal in North Kalimantan.
    Jorc Resource 75.2 million tonnes
    JORC Reserves 40.6 million tonnes
    COMPARE with PT BBM
    Jorc Resource 260 million tonnes
    JORC Reserves 24 million tonnes PLUS potential 70 million tonnes as if Underground Mining proves commercially and practically viable.
    IMO of course!
    I feel we are in the water with circling Tiger Sharks from Indonesia, China and from within.
    DYOR

    https://hotcopper.com.au/data/attachments/6373/6373798-e11f9e1059407c995fbc72b234024329.jpg
    CKA Price at posting: 8.1¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 13  Upvote
    lightbulb Created with Sketch. 4  Great analysis
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