i have also wondered why KCN's AISC is so high….I guess mining and processing fixed costs are the same putting through high grade ore or low grade ore…and KCN's reported grade is very low…and is made worse by the low recovery rate of around 80% for gold and 50% for silver.
and maybe KCN has expensive waste stripping ratio?
and the royalty charge is super high, probably the highest in the world. (But that is offset by KCN being exempt from corporate tax for a few years…CMM had to pay a decent wad of tax this year)
hopefully, once KCN accesses the quartz lease ore and finds other good gold pockets, the gold grade shoots up…which would drop the AISC proportionately.
Ann: Chatree Plant 2 Ramp Up and Second Gold Pour, page-85
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add KCN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.33 |
Change
0.020(1.53%) |
Mkt cap ! $342.8M | |||
| Open | High | Low | Value | Volume |
| $1.32 | $1.36 | $1.31 | $256.1K | 192.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8840 | $1.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.34 | 2089 | 1 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| KCN (ASX) Chart |