I just love how this has derisked over the last 2 years and there is no reflection in the share price, whatsoever!
Gold and silver have kept rising and KCN has fully refurbished plants (almost) that will be producing the best grades we have ever seen.
A new relationshiop with an elected (non-Junta) government that doesn't need to hide that they will be paying out a 'stupid' fee for closing us over 7 years.
NE will sell into a high silver price, an award will be made as a stupid fee and there will be a Thai IPO in the future.
We own a monopoly that will pay a high divident percentage to a relatively small number of shareholders. The management won't be investing in new opportunities (read - waste of our money) and we will get a cash payout at IPO.
Shares will go from $1.40 to $7 when money starts flowing back to shareholders and we push out 140k gold and 1M silver consistently and reliably.
Sure, sell for $3 on the rise - but you risk being like one of the EMR shareholders that sold on their rise, kicking themselves hard.
shareholder review: KCN 2023 in a nutshell, page-26
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Last
$1.25 |
Change
-0.010(0.80%) |
Mkt cap ! $320.9M | |||
| Open | High | Low | Value | Volume |
| $1.25 | $1.27 | $1.25 | $265.0K | 211.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 21778 | $1.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.27 | 3020 | 2 |
View Market Depth
| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| KCN (ASX) Chart |