Think @Barney82 said it, this is a very rare opportunity
Most companies are years between drill results, reserve statements, funding and production. With CKA now, years of major catalysts are being condensed into <3 month period !
CKA should announce reserve, NPV, valmin code, DFS all within the next 2 weeks - they are all major items
They've already secured $10 binding funding for PCI and will receive first $5M tranche this month - again, another major milestone
Funding talks are already well underway on BBM, and we will be producing and cashflow positive by end of year from PCI project
That is going from VA risk to funded, producing, debt free and cashflow positive all inside of 6 months or so !
Update, page-29
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8.5¢ |
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Mkt cap ! $91.71M | |||
| Open | High | Low | Value | Volume |
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| Price($) | Vol. | No. |
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| CKA (ASX) Chart |