KCN will get back to paying a chunky dividend (and buyback) in 2024.
They really are one of the few goldies that have and high and consistent payout ratio when producing.
They also kept it to a relatively small number of shares, so not diluted to hell during the shutdown fiasco.
EMR is a good measure of where we will get to quickly. EMR produce the same 110k annual, but a slightly lower AISC. Not sure of their royalty or tax holiday status in Cambodia. EMR have a current market cap of $1.5B and KCN is $275M.
Unlike other startups, KCN has a great track record of regular production out of Thailand.
I believe KCN jave set a very low bar on production and AISC. This makes for a lower valuation now, but there is upside to shareholders when they start to shoot the lights out.
Buying as much as I can, as I expect a 20-30c dividend and buyback soon, so keeping this stock for a very long-term cash cow.
The only risk is an opportunistic takeover. EMR has the cash and is working in a bordering country - so I would make a tilt if I were them!
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$1.37 |
Change
0.010(0.74%) |
Mkt cap ! $353.1M |
Open | High | Low | Value | Volume |
$1.36 | $1.38 | $1.32 | $560.6K | 417.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4500 | $1.36 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.38 | 3932 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4500 | 1.355 |
1 | 4286 | 1.340 |
3 | 24854 | 1.330 |
1 | 8885 | 1.320 |
1 | 10000 | 1.315 |
Price($) | Vol. | No. |
---|---|---|
1.380 | 9955 | 1 |
1.410 | 32 | 1 |
1.415 | 9500 | 1 |
1.420 | 24138 | 2 |
1.430 | 3300 | 1 |
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