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Cokal ( (AU:CKA) ) just unveiled an announcement.
Cokal Limited has announced updates regarding its Bumi Barito Mineral (BBM) Project, highlighting the completion of technical studies and agreements that support the project’s operational metrics. The company has reported a total of 23.01 million tonnes in declared Ore Reserves, with a forecasted life-of-mine production of 18.7 million tonnes. These developments are expected to reduce operating and capital costs, thereby enhancing Cokal’s market positioning and operational efficiency in the coal industry.
More about Cokal
Cokal Limited is a company operating in the mining industry, focusing primarily on coal production. The company is involved in the exploration and development of coal resources, with a significant emphasis on the Bumi Barito Mineral (BBM) Project in Indonesia.
Average Trading Volume: 590,911
Technical Sentiment Signal: Sell
Current Market Cap: A$45.32M
For an in-depth examination of CKA stock, go to TipRanks’ Overview page.