No matter how much that Director believes in his mine, he does not have the resources to go it alone. he is going to have to convince some other "deep pocketed' investors that his mine is worth investing in. Even if FID is early 2023, cash flow from operations can only commence early 2025 (earliest). These deep pocketed investors are going to have to carry the entity while it expends ~$200 + million and they will be asking themselves "is this the best copper stock on the ASX?".
No matter how much that Director believes in his mine, he does...
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Last
11.5¢ |
Change
-0.005(4.17%) |
Mkt cap ! $65.23M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 11.5¢ | $834 | 7.248K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 50872 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 11435 | 2 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
11.5¢ |
Change
-0.005 ( 4.17 %) |
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| Open | High | Low | Volume | ||
| 11.5¢ | 11.5¢ | 11.5¢ | 4490 | ||
| Last updated 11.16am 06/05/2024 ? | |||||
| KGL (ASX) Chart |