KAU 0.00% 14.5¢ kaiser reef limited

Ann: Half Year Accounts, page-14

  1. 9,217 Posts.
    lightbulb Created with Sketch. 511
    T8 another CR can't absolutely be ruled out, but it's unlikely.

    (1) they only had a CR pre-xmas, ưhich presumably met foreseeable needs..

    (2) in its half yearly, KAU reported current assets on Dec. 31 of A$7.8 million, including more than $4m cash and almost $2m in inventory.

    the Feb. 13 production update seemed to suggest the worst was behind us.

    you don't need too many weeks mining at 13 gpt with an AUD spot gold price well above $3k to quickly build cash reserves, even for a boutique operator such as KAU.

    the 2023 calendar seecond half presented serious challenges, delaying the expected turnaround after a sizable capex was meant to see output surge..

    the company took appropriate steps to address these and steamed ahead, if you believe the Feb.13 update, which i do.

    any investor who doesn't believe company statements is probably punting at the wrong track.

 
watchlist Created with Sketch. Add KAU (ASX) to my watchlist
(20min delay)
Last
14.5¢
Change
0.000(0.00%)
Mkt cap ! $24.80M
Open High Low Value Volume
14.5¢ 14.5¢ 14.5¢ $27.08K 186.7K

Buyers (Bids)

No. Vol. Price($)
1 918 14.5¢
 

Sellers (Offers)

Price($) Vol. No.
15.0¢ 143690 4
View Market Depth
Last trade - 15.48pm 24/05/2024 (20 minute delay) ?
Last
14.5¢
  Change
0.000 ( 7.41 %)
Open High Low Volume
14.5¢ 15.0¢ 14.0¢ 75083
Last updated 15.39pm 24/05/2024 ?
KAU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.