A few points.
The 5% of the png share is vg for kgd, as the govt has to pay 5% of the sunk costs to buy in. KGD gets this share of payment in full. I assume if png wants a bigger percentage in future, was up to 30% right at one stage it would be credited to kgd holdings.
The mining lease was granted in 2014 with a 3 year implementation condition. ie the mining lease expires in July 2017. No plant by the said date, the mining lease expires.
Historically lots of cash has been poured into this for very poor performance.
Hopefully this trend won't continue.
A few points. The 5% of the png share is vg for kgd, as the govt...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
2.2¢ |
Change
-0.001(4.35%) |
Mkt cap ! $70.01M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.3¢ | 2.2¢ | $12.61K | 571.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 612910 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 121257 | 1 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| GPR (ASX) Chart |