KCN 2.81% $1.21 kingsgate consolidated limited.

shareholder review: KCN 2023 in a nutshell, page-28

  1. 281 Posts.
    lightbulb Created with Sketch. 90
    interesting proposition, $7 per share gives a market cap of about $1.8B.
    Based on the LOM plan they have 9 years at 110k oz average production at say US $700 margin which gives about A$110M margin less say A$15M corporate for an annual profit of A$95M for 9 years ignoring any finance costs, non-sustaining capex, exploration, etc.
    To say the above is worth A$1.8B is drawing a pretty long bow & including an awful lot of blue sky.
    I would love to see it happen but would be interested in seeing some justification for your $7 value or is it just a fanciful/hopeful figure you have plucked from your nether regions in an attempt to create irrational exuberance?
 
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