From their existing licenses, they have 10 years of reserves (I'm assuming, without checking).
The other areas they want to mine have had pending licenses for many years. They don't have the option to mine them as it would be illegal.
Is KCN a safe bet/investment opportunity, page-11
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Last
$1.33 |
Change
-0.065(4.68%) |
Mkt cap ! $341.5M | |||
| Open | High | Low | Value | Volume |
| $1.39 | $1.40 | $1.32 | $793.2K | 591.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2741 | $1.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.34 | 5000 | 1 |
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| Last trade - 16.10pm 22/08/2024 (20 minute delay) ? |
| KCN (ASX) Chart |