The possibility of KCN repaying the Nebari loan of usd11,5m from cashflow by late June 2024 is zero. An extension with additional costs will be required, but it’s only for 3 months. What tricks do these bs artists have up their ass to stop the financial ruin they are digging for the company.
They need to get Wayne Shiller back to run Chatree ASAP.
Looking forward to the half year report, and details of the level of accounts payable. Perhaps they should also tell us if the gold refiner is making its payments to kcn in a more timely manner.
Without the current high gold price kcn would now be trading under $1.00.
gla
loki
Ann: Chatree Gold Mine Operational Update, page-27
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$1.35 |
Change
0.060(4.65%) |
Mkt cap ! $347.9M | |||
| Open | High | Low | Value | Volume |
| $1.33 | $1.36 | $1.30 | $900.7K | 678.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2877 | $1.35 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.37 | 2963 | 1 |
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