Two other expenses that are building up are
1) accounts payables - details of status as at end June 2022 are in the latest annual report: and
2) the USD50-55m that was paid to KCN by the international group that insured KCN against country risk, plus interest on that amount that has accrued since - that could now be a debt in excess of AUD100m.
Dividends are a long way off unless the USD POG heads over 2500/ounce or they get real lucky and can produce with both plants operationing at 200k plus ounces p.a. - which would require access to much higher ore grade than currently available.
loki (the Market Gods giveth and the Market Gods taketh away, Amen)
General discussion, page-2048
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