KCN 2.81% $1.21 kingsgate consolidated limited.

Ann: Chatree Gold Mine Update, page-49

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 3,757 Posts.
    lightbulb Created with Sketch. 942
    Do you think below picture cow muck? Or pre closer they mined cow muck? Did gold disappear all of a sudden?

    I can accept plant 1 recommissioning slow us getting higher production or slow down due to improvements is also acceptable as long as number is going up. Last paragraph comments telling us they were doing stock pile until now

    (5.5mt X 0.39g/t X80% recovery)/12=0.143mx2 months (July & aug)=0.286m/31.11=9193.19 ounces gold (to months production). (Formula given for woodfrom..)

    I would assume grade fallen further which is why we crossed 9.5k ounces on 9th sept 24. If the grade goes up to 0.7g/t then we will have 15k ounces by 30th sept otherwise it will be 13.5k.

    My only interest is have we started mining yet? How far we are from good grades? Have waited 13-14 years and I can wait another 3 months to see us full production.



    https://hotcopper.com.au/data/attachments/6446/6446458-35207015b714809856b570e1db90895d.jpg

 
watchlist Created with Sketch. Add KCN (ASX) to my watchlist
(20min delay)
Last
$1.21
Change
-0.035(2.81%)
Mkt cap ! $311.8M
Open High Low Value Volume
$1.25 $1.27 $1.21 $9.496M 7.813M

Buyers (Bids)

No. Vol. Price($)
4 158372 $1.21
 

Sellers (Offers)

Price($) Vol. No.
$1.23 442307 2
View Market Depth
Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
KCN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.