KCN 4.11% $1.40 kingsgate consolidated limited.

Ann: Corporate Update, page-45

  1. 638 Posts.
    lightbulb Created with Sketch. 99
    Gota say this is becoming grossly undervalued @ this MC.

    Say this plant in its current state, 1 plant with couple of extra tanks in the circuit, with low grade ore, produces the equivalent 40,000 oz gold ( I reckon a very base guess on my part) over the rest of this financial year 24& gold @ a lean average of AUD$2500/oz gold, profit after cost I give it btw AUD$800 to AUD$1000. AUD $32 to $40 mil profit FY 24.

    Had a whiskey, maybe smelling too many roses, very rudimentary assessment but this thing is gonna kill it when it gets a bit of +ve momentum. OMHO
 
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