KCN 1.09% $1.36 kingsgate consolidated limited.

General discussion, page-5229

  1. 5,966 Posts.
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    17 july

    https://hotcopper.com.au/data/attachments/6390/6390915-29ca8c725b06635b74e735a96db04bc7.jpg

    "KCN increased "cash, bullion and dore' " by A$23m in the month of July."

    I'd imagine they drew down the loan, paid off another, and paid some other things (in July). So I cannot estimate the cashflow from operations.

    So if they stated that cash/billion is up, I think it's them suggesting that it's a positive that we took on enough debt to get us through a final ramp up phase. Meaning little risk of raisings in the short term.
 
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