CKA 2.11% 9.7¢ cokal limited

hey all we have a $1.5bn npv coal mine including tbar with...

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    hey all

    we have a $1.5bn npv coal mine including tbar with further coal resources likely to surprise on the upside,, trading at a 75m market cap today

    if you were a billionaire or wanted to make yourself one

    this is how you do it !!!

    you take it out as a takeover offer at $400m mcap i.e around .30 to .40c offer and make a cool $1bn in 5 yrs of mining as you realise the npv each yr in mining and upgrades of resource
    ie 1.5bn npv less your takeover of $400m
    and imagine if indeed tbar and bbm have more proven coal resources and inferred reserves along the way as you drill during mining

    this is how billionaires are created and is the billionaire mindset
    know the resource well
    build the infrastructure well
    lock in binding offtake agreements
    and rinse and repeat



    sooo
    the cka investment here at 8c is compelling indeed
    and you could do well here simply by shadowing the majority sh

    keeping the faith in the hard workers on the ground and the exec team here




 
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