CKA got $478K USD for 50% of the 10K ton shipment which is $95.60 USD/ton or $123 AUD/ton.
( see above half yearly report & Dec Qtr Financials)
There is no logical reason why CKA should not continue selling this coal locally while marketing
gets its act together and achieves an off-take agreement at a premium price of say $130/ton USD/FOB.
At $95.60 USD a ton & 8000 K ton/mo production, this should yield $765K USD/Mo ($985K AUD) which should be close to cashflow neutral & stop cash burn.
CKA has to demonstrate to potential off-takers that it can mine and shift coal down the river in order to get a decent deal, IMO.
- Forums
- ASX - By Stock
- CKA
- Ann: Half Yearly Report
Ann: Half Yearly Report, page-2
Featured News
Add CKA (ASX) to my watchlist
(20min delay)
|
|||||
Last
6.5¢ |
Change
0.001(1.56%) |
Mkt cap ! $113.2M |
Open | High | Low | Value | Volume |
6.3¢ | 6.5¢ | 6.3¢ | $8.035K | 126.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3304 | 6.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.5¢ | 26976 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 448198 | 0.068 |
2 | 350000 | 0.067 |
4 | 442727 | 0.066 |
4 | 575000 | 0.065 |
1 | 200000 | 0.064 |
Price($) | Vol. | No. |
---|---|---|
0.070 | 84327 | 2 |
0.071 | 386714 | 2 |
0.072 | 133526 | 2 |
0.073 | 275000 | 2 |
0.074 | 150000 | 1 |
Last trade - 14.53pm 12/12/2024 (20 minute delay) ? |
Featured News
CKA (ASX) Chart |