re: Ann: Quarterly Activities Report December... I'm not as impressed guys, but Challenger does looks better than I expected.
If I have this right?
Chatree - 26035 ozs for the quarter , annualised rate 104 K0z.
Wasn't the new plant supposed to deliver in the range 200 K oz ?
I appreciate its still ramping up, but theres a long way to go to get anywhere near 200, 000 oz.
Grade for quarter 0.8 g/t. What happened to the high grade that was imminent , but has now been moved back to June? No explanation for this.
Cash and bullion ; 38 million
Debt- 100 plus 42 plus 35 = $177 million ( if I have this right, I'm no finance wiz ?)
So overall , debt of $139 million .
Challenger very positive reduction in costs via grade increase.Hopefully to continue.
Continued expendiure required on both silver projects and no revenue in sight?
What am I missing , the SP is up strongly, but I stand by all my previous comments re KCN , and don't see much variance? To me, this quarterly is pretty ordinary?
Can someone give me a more positive interpretation ( as i'm thinking of buying)
Maybe this is the reason I'm NOT a millionaire :-)
re: Ann: Quarterly Activities Report December... I'm not as...
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add KCN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.67 |
Change
0.005(0.30%) |
Mkt cap ! $430.4M | |||
| Open | High | Low | Value | Volume |
| $1.70 | $1.70 | $1.64 | $2.471M | 1.483M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3285 | $1.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.67 | 53099 | 3 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| KCN (ASX) Chart |