Thanks for the reply.
CMM gold recovery rate is 90% in recent Quarterly, well above KCN, aiming at 80% (although recent announcement said “up to 85%”).
Refining and royalty costs are massive- could settlement result in a reduction in these costs?
I will be watching the ASIC closely as we go forward (along with the head grade, recovery rates and stripping ratio).
Projecting 110k ounces pa at $1875 AUS for 9 years,
means $123M per year based on current gold price of $3000 AUS per ounce.
What is fair value here- $3-4 per share I would think….
Changing sentiment to hold (from none).
Thanks for the reply. CMM gold recovery rate is 90% in recent...
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add KCN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.33 |
Change
0.020(1.53%) |
Mkt cap ! $342.8M | |||
| Open | High | Low | Value | Volume |
| $1.32 | $1.36 | $1.31 | $256.1K | 192.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8840 | $1.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.34 | 2089 | 1 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| KCN (ASX) Chart |