I don't need pictures to know what they do. Many of us have seen mining operations. Geez. Below is a statement from the 27 June announcement. Maybe that is good place for you to start, before you post happy clap dribble. If they don't need to refinance, they could have just said that. What they are saying is that they need or would at the very least prefer additional liquidity, and the auditor has as well. Fancy paying bonuses when you have a going concern note from the external auditors, this is a publicly traded company.
"Financing Update
Kingsgate can also advise that it is working on refinancing its existing debt to provide
additional liquidity that will see the Company fully funded as the Chatree Gold Mine
continues to ramp up. In the meantime, the existing facility has been extended to 19
September 2024."
Chart, page-842
Add KCN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.58 |
Change
0.025(1.61%) |
Mkt cap ! $407.2M | |||
| Open | High | Low | Value | Volume |
| $1.57 | $1.59 | $1.55 | $419.0K | 268.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2200 | $1.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.58 | 5871 | 3 |
View Market Depth
| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| KCN (ASX) Chart |