Ok Bedwetters, want me to give you a clean nappy for your future ?
Let's give ourselves a baseline to achieve for 2024:
+10,000 ounces a month, what should our market cap be ?
Well, funny you should ask, how about a sovereign risk equivalent African mine like TIE today that just reached 11,643 ounces..
A very nice illustration of how Gold production explodes once head-grade increases.
A nice little poster for you walls on what will happen with KCN once both plants running and Mining starts and head grade increases.
I think it's safe to say our +20 yr mine life and unlimited SPL's should mean we actually have a bit bigger premium than TIE once we are rock'n & Rolling...
But, just as a nice low bar for the start of 2024, our market cap should be minimum $543 million..
So a nice baseline $2.11 shareprice for a $543,000,000 market cap.
That's Basecamp #1, estimated time of arrival early 2024. -> provided the Neuva Esperanza helicopter doesn't leave early and leaves you stranded at the bus stop with Old drunk kiwi Skol bro !
You've got 6 months from today to build your cubby houses and collect your firewood...
From there we make our ascent to Kingsgate heaven.
We are all standing at Kingsgate's Heavens gate, page-373
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Last
$1.33 |
Change
-0.020(1.48%) |
Mkt cap ! $342.8M | |||
| Open | High | Low | Value | Volume |
| $1.34 | $1.35 | $1.32 | $443.8K | 333.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 28792 | $1.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.34 | 1914 | 1 |
View Market Depth
| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| KCN (ASX) Chart |