Yep...they can pay 20c a share divvy ar current gold prices. The Thais take 20% royalty on the excess over around aus$2000 per ounce. But with a company tax holiday plus some of that royalty flowing to the local community that's OK by me. So another aus$500 an ounce, which seems likely given that the gold bull run is the result of central bank accumulation , means another $400 x 110,0000 pa or divvy could go to of 35c pa. At $5 per share that's a 7% yield.
the upside is baked in subject to the usual disclaimers of operational and sovereign risk.
Yep...they can pay 20c a share divvy ar current gold prices. The...
Add KCN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.59 |
Change
0.025(1.60%) |
Mkt cap ! $408.5M | |||
| Open | High | Low | Value | Volume |
| $1.56 | $1.61 | $1.56 | $783.1K | 493.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 49932 | $1.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.60 | 2116 | 1 |
View Market Depth
| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.60 |
Change
0.025 ( 1.91 %) |
||||
| Open | High | Low | Volume | ||
| $1.56 | $1.61 | $1.56 | 20763 | ||
| Last updated 15.59pm 17/06/2024 ? | |||||
| KCN (ASX) Chart |
