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.
- Forums
- ASX - By Stock
- KAU
- Ann: Half Year Accounts
Ann: Half Year Accounts, page-14
Featured News
Add KAU (ASX) to my watchlist
(20min delay)
|
|||||
Last
15.0¢ |
Change
0.015(11.1%) |
Mkt cap ! $25.65M |
Open | High | Low | Value | Volume |
13.5¢ | 15.0¢ | 13.5¢ | $36.62K | 264.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 20519 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.0¢ | 33120 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20519 | 0.135 |
1 | 5000 | 0.130 |
2 | 17599 | 0.125 |
1 | 8200 | 0.120 |
1 | 69165 | 0.115 |
Price($) | Vol. | No. |
---|---|---|
0.150 | 33120 | 3 |
0.160 | 42898 | 4 |
0.165 | 32940 | 3 |
0.170 | 85184 | 3 |
0.175 | 3500 | 1 |
Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
|
|||||
Last
13.5¢ |
  |
Change
0.015 ( 0.00 %) |
|||
Open | High | Low | Volume | ||
13.5¢ | 13.5¢ | 13.5¢ | 6195 | ||
Last updated 14.40pm 10/05/2024 ? |
Featured News
KAU (ASX) Chart |