Until now KSN has not had the resources to even fund a JV development of Misima, making it vulnerable to opportunistic offers from JV bidders. The profits KSN is about to make from the open pit and U/G mines in the next few years will change that. The cash it accumulates can be multiplied by access to affordable debt, without the need for underpriced equity. If prospective JV developers of Misima want in they will no longer be able to exploit KSN’s weak finances. This means a JV is much more likely to proceed, and can be factored in to the share price. The outlook for KSN has never been this good imho, given a high pog and the profits it’s about to generate from Mineral Hill. Not at all reflected in the current share price.
- Forums
- ASX - By Stock
- KSN
- What happened to Misima Project?
What happened to Misima Project?, page-19
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KSN (ASX) to my watchlist
(20min delay)
|
|||||
Last
7.8¢ |
Change
0.001(1.30%) |
Mkt cap ! $55.14M |
Open | High | Low | Value | Volume |
7.8¢ | 7.8¢ | 7.7¢ | $24.24K | 310.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 299095 | 7.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.0¢ | 645859 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 299095 | 0.077 |
6 | 757875 | 0.076 |
3 | 280000 | 0.075 |
2 | 63520 | 0.074 |
3 | 183712 | 0.073 |
Price($) | Vol. | No. |
---|---|---|
0.080 | 645859 | 6 |
0.081 | 100000 | 1 |
0.082 | 153427 | 1 |
0.083 | 113190 | 2 |
0.084 | 209893 | 3 |
Last trade - 14.50pm 10/07/2024 (20 minute delay) ? |
Featured News
KSN (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online