For me, it has always been 1% in the absence of reasonable economics. Otherwise 0.3xNPV
It all could be worthless as Gizard says.
They need to figure out base case economics of graphite only and then calculate if it costs less then "0.12 g/t gold equ" to extract in an upside scenario. Until then, we are all speculators but it does add to the hype/story.
For me, it has always been 1% in the absence of reasonable...
Add KNG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
22.0¢ |
Change
-0.015(6.38%) |
Mkt cap ! $13.51M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.0¢ | 22.0¢ | $1.257K | 5.714K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1886 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 20000 | 1 |
View Market Depth
| Last trade - 13.53pm 10/07/2024 (20 minute delay) ? |
| KNG (ASX) Chart |