Cokal Limited (AU:CKA) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Cokal Limited, the high-quality metallurgical coal producer, has underscored its robust future production and financial prospects based on its current coal reserves and resources. Using technical studies and agreements, Cokal has projected significant reductions in operating and capital costs, with a life-of-mine production forecast at 18.8Mt, representing approximately 79% of the declared JORC Ore Reserves. The company’s confidence in its projections is backed by compliance with the JORC Code and reinforced by previous ASX announcements.
For further insights into AU:CKA stock, check out TipRanks’ Stock Analysis page.