KIN 3.45% 5.6¢ kin mining nl

Ann: Quarterly Cashflow Report, page-4

  1. 628 Posts.
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    The quarterly report is an issue but the important point that needs to be sold is the current A$ gold price at circa $1648 which could ratchet higher on RBA activity and the deteriorating country that we live in (economically and politically). Wouldn't be surprised to see A$1800 with A$ at .7000 and US$ gold steady at where it is now.

    Margins are on the up with all current producers having ried serious amounts of costs out of their businesses and companies like KIN with the benefit of hindsight (where others went wrong) + lower fuel costs when they start operations, maybe some royalty holiday + solid margins since they have proven to be very very diligent with cash.

    Will be one of a few gold miners with the sense to extract some ounces early and provide cash for going forward = less dilution = good sense
 
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5.6¢
Change
-0.002(3.45%)
Mkt cap ! $65.97M
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5.8¢ 5.8¢ 5.6¢ $9.202K 161.5K

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No. Vol. Price($)
2 401889 5.6¢
 

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Price($) Vol. No.
5.7¢ 398889 2
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Last trade - 12.52pm 23/07/2024 (20 minute delay) ?
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