KIN
Click for more information
3.85% 5.4¢ kin mining nl

How can a company with 1.4Moz of gold in the ground (with the...

  1. M3DDŸ
    134 Posts.
    lightbulb Created with Sketch. 15
    clock Created with Sketch.
    16/05/23
    13:46
    Post #: 67799641
    How can a company with 1.4Moz of gold in the ground (with the potential of 2Moz - exploration and drilling underway) be only worth a market cap of $44M?

    Golds predicted to hit uncharted waters, and if a recession does hit the global economy then nothing is surer than the value of gold will soar!

    How have they not being able to raise funds and start and operational mine?

    Surely operationally they're worth arguably 10x to 20x their current value?
    Last edited by M3DDŸ: 16/05/23
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

CMX ChemX Materials kicks off first stage works at WA high purity alumina pilot
right-arrow Created with Sketch.
RMS Ramelius boosts WA gold portfolio with stake in Spartan
right-arrow Created with Sketch.
SUN ANZ deal to buy Suncorp to go ahead following approval from Treasurer
right-arrow Created with Sketch.
NEWS Tenant turnover: Reducing costs and revenue-loss
right-arrow Created with Sketch.
SXL Southern Cross says no to buy up of Australian Community Media assets
right-arrow Created with Sketch.
LYC Lynas eyes first dysprosium, terbium HREE production in CY25
right-arrow Created with Sketch.
watchlist Created with Sketch. Add KIN (ASX) to my watchlist
(20min delay)
Last
5.4¢ 		Change
0.002(3.85%) 		Mkt cap ! $63.62M
Open High Low Value Volume
5.3¢ 5.5¢ 5.3¢ $52.51K 973.3K

Buyers (Bids)

No. Vol. Price($)
1 115718 5.3¢
 

Sellers (Offers)

Price($) Vol. No.
5.6¢ 50000 1
View Market Depth
Last trade - 14.15pm 28/06/2024 (20 minute delay) ?
KIN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.