Australia's largest stock trading and investment forum Australia's #1 stock forum

KIN

Click for more information

1.59%

6.2¢ kin mining nl

Ann: Quarterly Activities Report, page-4

First 4 Last

Share
Profile

Follow
TPO

89 Posts.

33

30/10/23

21:15

Post #: 70625695
Share

Originally posted by RooBendigo: ↑

"Independent external review and targeting exercise" ... I imagine you only need an independent external review to mediate between two parties, for example to put a value on an agreement with Genesis. Why else would Kin need an independent assessment of its own assets?

I am wondering if we will see something like what happened with SBM ... Kin shareholders get GMD shares for Cardinia plus retain Kin shares with cash and some tenements.

I was wondering how there could have been an agreement with Genesis that was solid enough to allow Kin to give up its DCN leverage, but provisional enough to not need an announcement. Subject to independent external assessment and subject to GMD obtaining 100% of DCN might make sense.

Change in language also about production ... "monetise assets". Plus there won't be an MD until it is clear what Kin will look like.

Of course I might be over-interpreting.

Expand

I have been trying to recall Roo what mining approvals KIN already had in place in case you are correct.

Anyway, was doing some digging and noticed the site stage and site type had been changed in September 2023 for Kyte (under Events).

https://minedex.dmirs.wa.gov.au/Web/sites/details/a73ce8cd-5b7f-49a9-81be-f79ca0399551

KIN Price at posting: 5.3¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

There are more pages in this discussion • 3 more messages in this thread...

First 4 Last

Add KIN (ASX) to my watchlist

(20min delay)
Last 6.2¢		Change -0.001(1.59%)		Mkt cap ! $73.04M

Open	High	Low	Value	Volume
6.3¢	6.3¢	6.2¢	$7.579K	120.5K

Buyers (Bids)

No.	Vol.	Price($)
2	37884	6.2¢

Sellers (Offers)

Price($)	Vol.	No.
6.3¢	14736	1

View Market Depth

No.	Vol.	Price($)
2	41398	0.062
4	87755	0.061
2	104500	0.060
1	50000	0.059
2	91340	0.058

Price($)	Vol.	No.
0.063	14736	1
0.064	26217	1
0.065	176994	3
0.066	170207	2
0.067	285970	1

Last trade - 15.59pm 28/05/2024 (20 minute delay)


Last 6.3¢			Change -0.001 ( 0.00 %)
Open	High		Low	Volume
6.4¢	6.4¢		6.3¢	9040
Last updated 14.05pm 28/05/2024 ?

KIN (ASX) Chart

SPONSORED BY