CKA 0.00% 6.4¢ cokal limited

CKA vs Others, page-75

  1. 2,564 Posts.
    lightbulb Created with Sketch. 32
    In my mind the simple answer is that you dont build a mine until you have an offtake agreement down pat. Otherwise they run the risk of bankrupting themselves.

    Anak was a way to keep things going - Nothing material was supposed to come out of it and it hasnt. Took me too long to understand that. I doubt they have any more than 100k tonne in there anyway. All IMO. Too much thick sandstone in between seems which has been difficult to break even though it does provide road base which has been used generously for other activities.

    the 25m was undoubtedly to expand BBM underground and do Tbar drilling.

    I dont think anyone doubts management would sell this if the right offer comes.
 
watchlist Created with Sketch. Add CKA (ASX) to my watchlist
(20min delay)
Last
6.4¢
Change
0.000(0.00%)
Mkt cap ! $113.2M
Open High Low Value Volume
6.3¢ 6.4¢ 6.3¢ $6.877K 108.8K

Buyers (Bids)

No. Vol. Price($)
1 3304 6.3¢
 

Sellers (Offers)

Price($) Vol. No.
6.5¢ 33988 3
View Market Depth
Last trade - 12.49pm 12/12/2024 (20 minute delay) ?
CKA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.