Valuation based on EMR comparison.
I'm invested in a 30 year mine life, paying equivalent of $0.50 annual dividend annually (after NE and TAFTA payout) reflects in 160M shares outstanding.
KCN were pulling 135k gold out of pre refurbished plants running at 0.9 grade in 2014. Better recovery, improved plants, less restrictions on grade and a gold price almost double.
Do you not think that exploration throughout Thailand won't find multiple Chantree like deposits and roll all this potential into a Thai IPO?
We are talking an all country monopoly and you have to price that in as well.
shareholder review: KCN 2023 in a nutshell, page-29
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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 |
View Market Depth
| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| KCN (ASX) Chart |