KGM
Click for more information
0.00% 1.3¢ kalnorth gold mines limited

cost $4m to produce $1.3m in revenue!?!

  1. richman
    196 Posts.
    clock Created with Sketch.
    30/04/13
    15:57
    Post #: 11703506
    The March 2013 quarterly suggests it cost the company $4.05m to produce $1.32m in revenue! In addition the company has taken on $2m in debt during the quarter!

    This cannot be sustained for long!

    Very Risky proposition currently!
    KGM Price at posting: 12.2¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Access the Latest ASX News!
right-arrow Created with Sketch.
NEWS Join the Crypto discussion!
right-arrow Created with Sketch.
NEWS Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing
right-arrow Created with Sketch.
NEWS CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch
right-arrow Created with Sketch.
NEWS Auric sniffs gold up to 12.1g/t through drilling at Spargoville prospects
right-arrow Created with Sketch.
NEWS NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play
right-arrow Created with Sketch.
watchlist Created with Sketch. Add KGM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.