CKA going forward, page-3

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02/03/18

12:21

Post #: 31478383
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Originally posted by moorookamick ↑

Hello All,
Could we please reserve this thread to CKA forward fundamentals & likely future share price.
Other threads have ample room for those with rear view mirrors.

Let's begin with the NPV of 51c/share . (Mkt Cap of $347 mil)
How can the share price get there and how long will it take?

We have:
-266 m/t of high quality PCI
-cash running low
-debt converted to production royalties
-strip ratio of about 5:1
-COP high now due to low production levels but expected to stabilise later at about $70 USD/ton.
-PCI worth about $130 USD FOB
-initial production 8K t/mo
-production later 50K t/mo
-other tenements at early stages of exploration/development

IMO: We should see a 40c share price by 2021
In the interim (IMO) we should see the share price moving upwards with production milestones and corresponding sales , so my shot at it is:
July 2018.............10c
Jan 2019..............15c
July 2019.............20c
Jan 2020..............25c
July 2020.............30c
Jan 2021...............35c
July 2021..............40c

Re 51c/share............your guess is as good as mine!

All of this is IMO only and the thread is meant encourage conversations on CKA looking forward rather than looking backwards.

Cheers
MM

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What you have missed is that it is a coking coal mine and not a PCI mine.
Anak and BBM PCI dig out the overwhelming majority of PCI.
2.5 to 3 Mt.
The rest is coking coal.

CKA Price at posting: 4.8¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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(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)

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CKA going forward, page-3

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