CKA
Closed on its highs yesterday at 2.9c
Debt deal will see them debt free with clean balance, at the moment they owe Platinum $13M which they are converting to a $40M production royalty - at that time, their 20% of the register also gets escrowed for 2 years !
266mt resource, hard coking coal with current prices US$165/t ... their first year costs are just $58/t and LOM costs $82/t
Will go parabolic once they clear the balance sheet and remove VA threat
They already have financiers and bidders in talks they confirmed at AGM
- Forums
- ASX - Day Trading
- Day Trading 23 Mar Pre Market
Day Trading 23 Mar Pre Market, page-15
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)