CKA 0.00% 8.1¢ cokal limited

I'm anticipating a T/O bid around 8-10c However, if prior they...

  1. 23,919 Posts.
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    I'm anticipating a T/O bid around 8-10c

    However, if prior they were to secure production finance at commercial rates, OR update the DFS to reflect new opex/capex figures it will fly IMO

    The only reason it got flogged to these lows was the risk of VA, which has been completely removed since the $15M of debt was written off in exchange for production royalty - so the major holders have backed it going into production in a big way !
 
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