Here is one Ross did manage to sell
"Background On 3rd March 2016, the Company announced it had entered into a Sale and Purchase Agreement (“the Agreement”whereby it would acquire 85% of the Bowdens Silver from Kingsgate Consolidated for a total cash consideration of A$20 million. Under the Agreement Silver Mines and Kingsgate Consolidated would operate the Project on an unincorporated Joint Venture basis. The purchase of Bowdens Silver was completed on 29th June 2016 through the payment of A$18 million with A$2 million having been previously paid by way of a deposit. Also on 29th June 2016, the Company advised that it has entered into a Deed of Variation (later amended) with Kingsgate Consolidated whereby: The acquisition price for the purchase of 100% of Bowdens Silver was varied to A$25 million; Of the remaining A$5 million, Silver Mines paid A$1 million on 30th September 2016 with the remaining A$4 million now paid (plus interest of A$92,000 representing 10% per annum from 30th September 2016). The acquisition of the outstanding 15% interest in the Bowdens Silver resulted in the immediate expansion of the Company’s attributable resource base."
SVL now valued at $287 million dollars (close enough for a Disallowed )
What's that saying about holding on to your losers and selling your winners (or is it the other way round?)
Anyway I will stop with the facts and get some sunshine
onward and upward Toot Toot
- Forums
- ASX - By Stock
- KCN
- Ann: Chatree Refining Update
Ann: Chatree Refining Update, page-14
-
- 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)
Featured News
Add KCN (ASX) to my watchlist
|
|||||
Last
$1.37 |
Change
0.030(2.24%) |
Mkt cap ! $353.1M |
Open | High | Low | Value | Volume |
$1.35 | $1.40 | $1.35 | $544.1K | 394.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2256 | $1.36 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.39 | 8384 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2256 | 1.360 |
4 | 31886 | 1.355 |
2 | 97282 | 1.350 |
2 | 3416 | 1.340 |
2 | 8989 | 1.330 |
Price($) | Vol. | No. |
---|---|---|
1.385 | 8384 | 2 |
1.390 | 3384 | 1 |
1.400 | 16238 | 4 |
1.410 | 1671 | 2 |
1.420 | 10000 | 1 |
Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
Featured News
KCN (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online