interesting proposition, $7 per share gives a market cap of about $1.8B.
Based on the LOM plan they have 9 years at 110k oz average production at say US $700 margin which gives about A$110M margin less say A$15M corporate for an annual profit of A$95M for 9 years ignoring any finance costs, non-sustaining capex, exploration, etc.
To say the above is worth A$1.8B is drawing a pretty long bow & including an awful lot of blue sky.
I would love to see it happen but would be interested in seeing some justification for your $7 value or is it just a fanciful/hopeful figure you have plucked from your nether regions in an attempt to create irrational exuberance?
shareholder review: KCN 2023 in a nutshell, page-28
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Last
$1.25 |
Change
-0.010(0.80%) |
Mkt cap ! $320.9M | |||
| Open | High | Low | Value | Volume |
| $1.25 | $1.27 | $1.25 | $265.0K | 211.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 21778 | $1.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.27 | 3020 | 2 |
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| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| KCN (ASX) Chart |