Management are three steps in front of the average shareholder's thinking.
Who would of thought that CKA had been working on a 2.5mil tonne, coal off-take deal, for the last four months.
I like it.
She's close now,
1. signed binding agreement for 2.5mil tonnes of coal, some time soon.
2. 1st tranche payment received
3. expansion of the mine to 50,000 ton per month has begun
4. expansion of the mine is on track
5. second tranche of $7mil is in the bank
6. weather permitting, we'll get there
7. 3rd tranche of $7mil recieved
8. she's full on now, max effort to get the coal out and down stream.
Should be around April/May I reckon, until full capacity is reached for PCI BBM out of the Anak facilities.
CKA still needs that export licence.
Patience, it won't be long now
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