Yes I'd agree but as you've suggested the current price doesn't take into account what has been achieved since the capital raising in March,2023 at $1.50 - namely, successful ramp-up of plant#2, followed by completion of overhaul of plant#1, successful first gold pour of plant#1, successful commissioning of plant#1, continued ramp-up of plant#1 nearing completion with no known limiting factors, successful financing of CAT equipment and delivery of all pieces to site with all assembled and commissioned, successful financing of the start-up of operations including mining with the Nebari loan, Annual Report confirms that both plants are currently operating above their nameplate capacity, upgraded professional staff in Head Office, hopefully further along the road with TAFTA and closer to getting final benefits from those negotiations, definitely further along the road to realising benefits from Nueva Esperanza, much higher gold and silver prices - a lot has been achieved since March,2023 that is not reflected in the current share price assuming the share price in March,2023 wasn't over-valued then.
I think we can now safely look forward as there only seems to be blue sky looking our way now with any problems or doubts behind us and with increasing production in front of us. I really can't envisage any problems going forward and fully expect that the Dec24 quarter will be our first really true positive operating cashflow quarter with production over 20k ozs Au compared with my estimate of 15.7k ozs Au for Sep24 quarter(as per my prediction of 1stOct).
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kingsgate consolidated limited.
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Last
$2.24 |
Change
0.030(1.36%) |
Mkt cap ! $577.3M |
Open | High | Low | Value | Volume |
$2.19 | $2.26 | $2.17 | $2.000M | 900.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2252 | $2.23 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.26 | 8661 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2252 | 2.230 |
2 | 11244 | 2.220 |
1 | 1550 | 2.200 |
1 | 4587 | 2.180 |
2 | 818 | 2.170 |
Price($) | Vol. | No. |
---|---|---|
2.260 | 8661 | 2 |
2.270 | 4162 | 1 |
2.280 | 4162 | 1 |
2.300 | 13279 | 3 |
2.360 | 415 | 1 |
Last trade - 16.11pm 25/06/2025 (20 minute delay) ? |
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