CKA 1.30% 7.6¢ cokal limited

SharejaggerA few things:-- The strip ratio is a little high but...

  1. 23,919 Posts.
    lightbulb Created with Sketch. 752
    Sharejagger

    A few things:-

    - The strip ratio is a little high but it is accounted for and priced into the $82/t opex figure

    - There is 60% of BBM left unexplored, the resource could be several fold over and above from here alone

    - This does not factor in any resource for TBAR which is just next door. The TBAR resource could be as big if not bigger than BBM and given the location, would share the capex which would drastically improve the economics and NPV

    So I'm expecting a resource increase in the magnitude of several fold and the project economics to drastically increase also once they start factoring in TBAR and the 60% of BBM yet unexplored

    Have to consider those things remember
 
watchlist Created with Sketch. Add CKA (ASX) to my watchlist
(20min delay)
Last
7.6¢
Change
-0.001(1.30%)
Mkt cap ! $82.00M
Open High Low Value Volume
7.6¢ 7.6¢ 7.5¢ $11.04K 146.1K

Buyers (Bids)

No. Vol. Price($)
1 5117 7.6¢
 

Sellers (Offers)

Price($) Vol. No.
7.9¢ 26863 1
View Market Depth
Last trade - 16.10pm 13/11/2024 (20 minute delay) ?
CKA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.