KCN 0.32% $1.54 kingsgate consolidated limited.

Ann: Chatree Gold Mine Overhaul Update, page-51

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 6,235 Posts.
    lightbulb Created with Sketch. 1550
    Yes, participate.

    If you buy into a company which cannot afford to sustain itself without a raising, the smart way would be to keep enough cash on hand to participate in any raisings.


    But in the past 2 months, cash seems to be flat or up (from only processing low grade stockpiles, while spending money on refurbishment). Suggesting a raising is unlikely.
 
watchlist Created with Sketch. Add KCN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.