Dred - I sort of disagree. Management bought an "uneconomic gold mine & plant" (proof of this are the 3 or 4 prior corporate wreckages that this gold mine & plant have delivered). Since the purchase 6 months of no revenue - and 6 months of god only knows how much cash burn? Basically KAU have bought a "care & maitanence" scenario - and the cash KAU may have currently I am concerned will not turn the current situation they face around. Any future capital raising will have be done at a big discount (to the current price) and this will overhang the market for a very long time to come. I am sort of concerned about this plan.
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Last
15.0¢ |
Change
-0.010(6.25%) |
Mkt cap ! $25.65M |
Open | High | Low | Value | Volume |
15.0¢ | 15.0¢ | 15.0¢ | $1.671K | 11.13K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.0¢ | 60614 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 0.155 |
4 | 148961 | 0.150 |
2 | 80000 | 0.145 |
2 | 156800 | 0.140 |
1 | 69165 | 0.115 |
Price($) | Vol. | No. |
---|---|---|
0.160 | 60614 | 3 |
0.165 | 18800 | 2 |
0.170 | 143919 | 6 |
0.175 | 13200 | 2 |
0.180 | 135000 | 1 |
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