So the shorters will start coming in I guess ?
I dont believe any management that say they wont dilute shareholders for cash to keep themselves well paid.... I can see them needing another $30-$50m to shake off the debts and have cashflow for production.
Maybe even part loan with no more than 15% hedging while gold hovers around $2300 USD
KCN Price at posting:
$1.55 Sentiment: None Disclosure: Not Held
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