Is it enough? I believe so, but I haven't made a specific inquiry. They generally haven't been well disposed to borrow, and I assume if more cash was required it would be a different kind of loan. As I understand it CHN is on the money in saying:
"Having the money to get it all done quickly is worth the cost of this finance.
Getting more gold out of the ground more quickly will produce a huge increase in income and profit.
The cost of this small bridging loan is peanuts compared to what it is facilitating.
Merry Xmas everyone
Could be a very happy new year indeed."
https://hotcopper.com.au/posts/71596343/single
If both plants are up and running next year, the company will make plenty of money and will not need any loans, whether inside or outside the boardroom.
- Forums
- ASX - By Stock
- KCN
- Ann: Finance Update
Ann: Finance Update, page-19
- There are more pages in this discussion • 19 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
(20min delay)
|
|||||
Last
$1.82 |
Change
0.065(3.70%) |
Mkt cap ! $469.1M |
Open | High | Low | Value | Volume |
$1.77 | $1.82 | $1.75 | $1.127M | 632.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2261 | $1.80 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.82 | 2123 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2261 | 1.800 |
2 | 2261 | 1.795 |
1 | 2238 | 1.790 |
1 | 40500 | 1.780 |
1 | 20000 | 1.760 |
Price($) | Vol. | No. |
---|---|---|
1.820 | 2123 | 1 |
1.825 | 11474 | 2 |
1.830 | 15582 | 2 |
1.835 | 2238 | 1 |
1.840 | 2238 | 1 |
Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
|
|||||
Last
$1.81 |
  |
Change
0.065 ( 3.59 %) |
|||
Open | High | Low | Volume | ||
$1.77 | $1.82 | $1.75 | 28507 | ||
Last updated 15.59pm 31/05/2024 ? |
Featured News
KCN (ASX) Chart |