I would be happy if this stock had increased in value over the past 2 years of holding. $1.50 was our last cap raise price. Out of interest, can you tell me what was the good news in this announcement? Because my objective assessment is. 1) more gold. 2) Too far from plant to make it economical without building a second processing plant. 3) Even if we had another plant ready to go or transport was free... is it economical at those depths given the strip ratio? Digging out 50 and in some case 100 metres of dirt before hitting an intercept that only goes for 6 metres doesn't sound like it would add up to me.
Ann: Further Significant Intercepts at Chatree South-East Complex, page-7
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Last
$2.44 |
Change
0.030(1.24%) |
Mkt cap ! $628.9M | |||
| Open | High | Low | Value | Volume |
| $2.46 | $2.48 | $2.42 | $4.136M | 1.691M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 187776 | $2.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.45 | 21895 | 1 |
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| Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
| KCN (ASX) Chart |