COK cockatoo coal limited

The answer is in today's coal price for met coal and their...

  1. 1,203 Posts.
    lightbulb Created with Sketch. 28
    The answer is in today's coal price for met coal and their projected production (out of their presentation posted)

    Targeting Q2 CY2017 for mining to recommence / April - June start 2017
    • Targeting 600 - 800kt saleable coal in CY2017 / So assuming @ todays price = 800kt x $240M of revenue before costs
    • Targeting 1.5Mt - 2.2Mt of saleable coal in CY2018 / so assuming 2018 = 2.0Mtpa x $500M of revenue

    2018 @$250 met coal = Gross EPS: $0.30/ share

    The market capitalisation of the cok just grew by my maths if prices hold around these levels - i doubt they will be shorted unless they get delayed or prices fall significantly.

    RT
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.