That's a very good question . Correct me if I'm wrong , but if you are using someone else's mill (adding to there capacity to meet throughput ) one would imagine that there would need to be an agreed value of the grams per tonne gold grade for the additional input which logically would have to be in favour of the processor less a cost per tonne to process the ore .
It appears the imputus for building a plant walked out the door when Kerry did . (My opinion only)
Not a great deal has made sense since then in my view other than trying to put more " in ground ounces " in the bank ?
I also found the comment by SBM about KIN's CR just after their purchase at 16c interesting.
One would think that with a SP of less than 50% of SBM's buy in price that someone would sit up and pay attention ?
Ann: High-Grade Gold Hits Reignite Focus on Eastern Corridor, page-9
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Last
6.7¢ |
Change
0.001(1.52%) |
Mkt cap ! $78.93M | |||
| Open | High | Low | Value | Volume |
| 6.7¢ | 6.9¢ | 6.7¢ | $103.8K | 1.530M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 57500 | 6.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.8¢ | 85000 | 1 |
View Market Depth
| Last trade - 13.38pm 02/05/2024 (20 minute delay) ? |
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Last
6.8¢ |
Change
0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 6.7¢ | 6.8¢ | 6.7¢ | 450146 | ||
| Last updated 11.25am 02/05/2024 ? | |||||
| KIN (ASX) Chart |