CKA
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2.25% 8.7¢ cokal limited

Hey guys, I hold CKA and AKM. Have been burned a couple times by...

  1. ThePennyChemist
    1,613 Posts.
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    02/05/18
    16:02
    Post #: 32834104
    Hey guys, I hold CKA and AKM.
    Have been burned a couple times by CKA and their seemingly poor adherence to timelines ... and so have been considering moving what I have left in CKA into AKM.
    I don’t mean to cross promote, just genuinely interested in your opinions as I know most of you here will have a deeper understanding/appreciation of coal projects than I may.

    What are your thoughts on the two side by side?

    AKM is a 1-2mtpa near term coal producer in Mongolia, with a further hope to ramp up to 10mtpa from another mine in 2019. Trainlines are planning to be built between Mongolia/Russia/China and plenty of infrastructure exists already.
    I’ve forgotten what capacity BBM and anak were hoping to produce at , but they will also be needing to ship all the coal on barges and boats to sell into Asia.

    Cheers
    Last edited by ThePennyChemist: 02/05/18
    CKA Price at posting: 4.6¢ Sentiment: None Disclosure: Held
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