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$1.65 kingsgate consolidated limited.

I like the anticipated AISC of EMR. Hopefully KCN can get a...

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24/01/24

10:05

Post #: 72036730
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Originally posted by doncamilo: ↑

what i like to compare and gives me currently the only hope is EMR.asx vs. KCN.asx

i mean you look at EMR

EMR:
106 k oz pa and a 7 years LOM (ok they claim they are pretty low cost)
Shares Issued 625,291,978 current SP 3.18$ which gives a Mkt cap of 1.9 B$
EMR Project built in 2021 on time on budget and now in production

than you look compare

KCN ... current mkt $308.0M / 257 M shares on issue / SP 1.20$
i mean 120k oz pa (pretty sure, history proffed this is doable)
Chatree LOM min 9 years but to be further extended (pretty sure min LOM 15 years)
a 8 year BOI tax Incentives
Thailand low labor costs so AISC probably will be lower... but we dont see real no. atm ...

What you see in the chart bellow... is KCN vs EMR i do really hope we see the re-rate here... within 365 days... just compare EMR since SOP 2021 than take KCN which start SOP in 2023 March,... and now plant 1 comming online in March again... so a big catch up to do...

also what make me positive

EMR Jay Evan Dale Hughes Non-Executive Director is holding 2M KCN shares...

So lets get this year fast over...

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I like the anticipated AISC of EMR. Hopefully KCN can get a figure near that.

KCN Price at posting: $1.20 Sentiment: Hold Disclosure: Held
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(20min delay)
Last $1.65		Change -0.040(2.37%)		Mkt cap ! $421.4M

Open	High	Low	Value	Volume
$1.70	$1.70	$1.62	$2.013M	1.215M

Buyers (Bids)

No.	Vol.	Price($)
8	18806	$1.64

Sellers (Offers)

Price($)	Vol.	No.
$1.66	2573	5

View Market Depth

No.	Vol.	Price($)
10	24524	1.640
2	1075	1.635
8	69609	1.630
3	4013	1.625
3	16722	1.620

Price($)	Vol.	No.
1.650	1555	3
1.660	37853	4
1.665	5650	2
1.670	65683	2
1.675	900	1

Last trade - 13.58pm 30/04/2024 (20 minute delay)


Last $1.68			Change -0.040 ( 0.79 %)
Open	High		Low	Volume
$1.69	$1.69		$1.63	89743
Last updated 14.18pm 30/04/2024 ?

KCN (ASX) Chart