yes, we all know about the leases, but remember this is Thailand, a take over is difficult due to Thai ownership, there is lots of corruption and instability, so KCN will always be at a discount due to risk.
They also need to prove up more Oz and show they really have 10 mil Oz of minable reserves in order to get a serious offer.
the A Pit will provide good cheap Oz but only for a short time - they still need to work on a long term income.
absolute no brainer, page-4
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Last
$1.38 |
Change
-0.080(5.48%) |
Mkt cap ! $355.6M | |||
| Open | High | Low | Value | Volume |
| $1.46 | $1.46 | $1.38 | $790.9K | 564.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24999 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 2446 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| KCN (ASX) Chart |