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1.56%

6.3¢ cokal limited

For the purpose of the exercise, I'm assuming that the coking...

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moorookamick

6,444 Posts.

12

03/03/18

14:20

Post #: 31501897
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Originally posted by ShareJagger ↑

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.

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For the purpose of the exercise, I'm assuming that the coking coal is similar in value (or at least profit margin) to the PCI coal.
IE:
-3 mil ton PCI
-263 mil ton coking coal

I also assume that the PCI coal has a lower FOB cost than the coking coal.

CKA Price at posting: 4.7¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 6.3¢		Change -0.001(1.56%)		Mkt cap ! $113.2M

Open	High	Low	Value	Volume
6.3¢	6.5¢	6.3¢	$8.138K	128.4K

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No.	Vol.	Price($)
1	3304	6.2¢

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Price($)	Vol.	No.
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Price($)	Vol.	No.
0.070	84327	2
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