Interesting MN..I had a look st SS1 it's all inferred polymetalic resource , classic Nevads mineralisation..
NE is vastly superior given its 80% indicated and payable but with downside of being in Chile.
Even so the market has become so bullish towards silver they could spin this out in a few weeks, raise $30 million and the spin off would have a market cap of $75 to $100million. Probably do a 1 for 4 allocation to existing KCN holders . That would be like a 25c divvy with big upside if silver powers past US$35 heading to $50 in 12 months
General discussion, page-4785
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$1.34 |
Change
-0.035(2.55%) |
Mkt cap ! $345.3M | |||
| Open | High | Low | Value | Volume |
| $1.38 | $1.40 | $1.34 | $684.8K | 503.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3315 | $1.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.36 | 2388 | 1 |
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| KCN (ASX) Chart |