KIN 1.72% 5.9¢ kin mining nl

Thanks w That probably means the 31st is when they hope to raise...

  1. 3,177 Posts.
    lightbulb Created with Sketch. 7507
    Thanks w

    That probably means the 31st is when they hope to raise the final funds to lock Geolord in. My concern centers around the fact that when / if the deal goes through combined with the recent pickup of more prospective leases, they still will be seriously underfunded to carry out exploration. Unless they can pull a rabbit out of the bag with a significant discovery at Desdemona or some successful early trial mining from the Nav leases, they will be in a position of again trying to raise capital with a depressed share price in an unsympathetic market..... and we have been down that path before.

    Cheers

    Dan
 
watchlist Created with Sketch. Add KIN (ASX) to my watchlist
(20min delay)
Last
5.9¢
Change
0.001(1.72%)
Mkt cap ! $69.51M
Open High Low Value Volume
5.8¢ 5.9¢ 5.8¢ $27.08K 459.9K

Buyers (Bids)

No. Vol. Price($)
2 28715 5.8¢
 

Sellers (Offers)

Price($) Vol. No.
6.0¢ 444115 3
View Market Depth
Last trade - 15.51pm 09/07/2024 (20 minute delay) ?
KIN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.