CKA 8.64% 8.8¢ cokal limited

OK, soooo to be clear here... - Currently the market values CKA...

  1. 1,830 Posts.
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    OK, soooo to be clear here...

    - Currently the market values CKA @ approx. $32mil AUD - For all it's assets, holdings, etc....

    - Domain values 30% of the 'BBM Coking Coal' - undeveloped @ approx $67mil Aud

    Cokal retain ownership of:
    - Remainder 30% share of 'BBM Coking Coal' - (potentially worth $67mil in current stage / form)
    - Domain DO NOT receive any of 'BBM Anak' <- is this AAK?
    - Domain DO NOT receive any of 'BBM PCI'
    - Domain DO NOT receive any of 'BBP'
    - Domain DO NOT receive any of 'TBAR'

    - Cokal maintains status quo with the holy grail TBAR, and other projects not related to 'BBM Coking Coal'

    - Cokal take advantage of the roads / infrastructure, etc. built from cash injection of Domain with the 'BBM Coking Coal' Project to then start working on other areas, including Anak, PCI, BBP, TBAR.

    - Domain have vested interest in share allocation and share ownership to get this all off the ground to produce 2Mpta.

    So Cokal's ownership share of projects:
    - BBM Coking Coal - 30% ownership (potentially worth $67mil in current stage / form)
    - BBM Anak - Is this AAK? in which case 75% ownership
    - BBM PCI
    - BBP - 60% ownership
    - TBAR - 75% ownership

    And again, to be clear the market rates CKA as being worth roughly $32mil???

    Please correct what I have wrong with my summary...
 
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