KCN 0.30% $1.67 kingsgate consolidated limited.

Bridging Finance, page-6

  1. 222 Posts.
    lightbulb Created with Sketch. 169
    My take on the previous announcements about settlement is that KCN will get some benefits in the form of:
    - grants for the refurbishment
    - grants for green initiatives
    - royalty holidays

    Tax holidays for 8 years have already been announced.

    All of this impacts what short term money needs to be borrowed.

    This all needs to be sorted before gold production, so I think we will know soon!

    Hesitation to commit to Taurus or banks seems to be from KCN, not that there is a problem with lending offers.

    Market is pricing in lending issues that I don't believe exist.

    I now have my fill of shares, having topped up today. I will hold long term and hope for a nice feed of dividends for a company that will reduce the share pool over time.
 
watchlist Created with Sketch. 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
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.