Don't know if I get it, but I'm trying a quite simple explanation:
- market does not believe Kingston the AISC of 1220 AUD for Misima due to very low grade and high stripping ratio
- market is still pissed off because capex of Misima increased from 280 to 470 million (Canaccord more realistically estimated 445 million already back in 2020)
- market does not like Mineral Hill Aquisition much or at least not grants it any value
- ongoing and unexplained delays reflect poorly on management:
(from Canaccord report 2020)
By pure chance I agree with all of the above, yet I think Kingston should be valued about 15-20 Cents minimum because in recent weeks I stumbled over several explorers with market caps around 40 million and all of them have even crappier stuff at earlier stages compared to Kingston.
I really like Kingston management, but only because I bought in at 9 cents, otherwise I would be pissed too.
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Last
7.9¢ |
Change
0.005(6.76%) |
Mkt cap ! $55.50M |
Open | High | Low | Value | Volume |
7.8¢ | 7.9¢ | 7.6¢ | $32.6K | 417.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 52000 | 7.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.9¢ | 195000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 52000 | 0.078 |
2 | 88000 | 0.077 |
2 | 270633 | 0.076 |
1 | 100000 | 0.075 |
1 | 49667 | 0.073 |
Price($) | Vol. | No. |
---|---|---|
0.079 | 195000 | 2 |
0.080 | 491672 | 4 |
0.081 | 431691 | 1 |
0.082 | 73000 | 2 |
0.084 | 2576700 | 5 |
Last trade - 13.59pm 13/09/2024 (20 minute delay) ? |
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