KMC 0.00% 0.6¢ kalgoorlie mining company ltd

As long as they deliver the free cashflow as forecast, debt...

  1. 3H
    5,864 Posts.
    As long as they deliver the free cashflow as forecast, debt funding will not be a problem.

    Even if they need $30mill at say 10% interest = $3mill interest a year. This interest is funded from the free cashflow.

    I'm much more relaxed on KMC after the update. The selling of late seems to be a distressed seller. Very important to note that the buyers this arvo on match-up did not get slammed, so I suspect the seller is probably finished. Good riddance!!!!!

 
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