KCN 0.32% $1.55 kingsgate consolidated limited.

Just further to the above post, the only possible reason why...

  1. 10,304 Posts.
    lightbulb Created with Sketch. 1982
    Just further to the above post, the only possible reason why they would delay mining from April, in my opinion, is that they still haven't been able to finalise a mining contract with Lotus Hall due obviously to the value of that contract.
    Point 1 of the Directors' Report on pg3 of the half yearly accounts released 15Mar did state that they still needed 'to finalise a contract with the mining contractor'.
    Hopefully this is still not the case but if it is then it might take them two months to instigate Plan B - that would be finding another contractor or employing the mining personnel themselves.
    I would have thought they shouldn't be in such a position so close to full time mining being due.
 
watchlist Created with Sketch. Add KCN (ASX) to my watchlist
(20min delay)
Last
$1.55
Change
-0.005(0.32%)
Mkt cap ! $399.5M
Open High Low Value Volume
$1.56 $1.56 $1.52 $322.3K 208.4K

Buyers (Bids)

No. Vol. Price($)
1 4885 $1.55
 

Sellers (Offers)

Price($) Vol. No.
$1.57 3565 2
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
$1.54
  Change
-0.005 ( 1.60 %)
Open High Low Volume
$1.56 $1.56 $1.53 15852
Last updated 15.59pm 03/05/2024 ?
KCN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.