As far as they are concerned the lower the better. That said people who are in on the game will buy them up before they do. The price is an illusion. At the end of the year the only important thing is how many shares you own. The loan with be paid back before 6 months, just from the cash flow. Work out the PE when both plants are firing and the quartz lease is being mined at 0.8 g/t by 5,000,000 and the recovery rate. Maths is governing this investment. Not anonymous liars. The profits that are made have nothing to do with the shenanigans by crooks. They could shut down the ASX tomorrow and this company would still sell gold.
Ann: Sydney Mining Club Presentation, page-51
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Last
$1.40 |
Change
0.045(3.32%) |
Mkt cap ! $360.8M | |||
| Open | High | Low | Value | Volume |
| $1.39 | $1.42 | $1.38 | $627.5K | 448.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 36314 | $1.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.41 | 506 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| KCN (ASX) Chart |