I agree. Lots of info still to come out. The mines targeted ASIC is around $950 - $1,000 per oz if you glance the FY16 & 17 financials. Don't think they would have pulled the trigger on this if it was a toss up. Unless Centennial's old FS were carrying debt off balance sheet the mine should be coming to KAU pretty unencumbered.
So much for buying & flipping this stock quickly though...could be a blessing in disguise.
Ann: Material Gold Acquisition, page-24
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Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $31.68M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.0¢ | 15.0¢ | $36.42K | 232.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24576 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 43000 | 1 |
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| Last trade - 15.30pm 04/10/2024 (20 minute delay) ? |
| KAU (ASX) Chart |