Other big point (would say even larger than the bank financing, now that we are cash self-sufficient) is that so far we only have approval to mine for our 4 year plan. Per the equity raise pres, we have submitted a 9 year plan for approval but have not received an update that this is approved yet.
Seems unlikely that approval will not be granted but that uncertainty and the questions it poses to those who don't know the story very well are weighing on our current valuation.
BUYBACKS ROSS - with every last cent, close the VIP door for good, page-803
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Last
$1.56 |
Change
-0.020(1.27%) |
Mkt cap ! $402.0M | |||
| Open | High | Low | Value | Volume |
| $1.59 | $1.60 | $1.56 | $685.1K | 435.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9998 | $1.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.58 | 2724 | 2 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$1.57 |
Change
-0.020 ( 1.26 %) |
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| Open | High | Low | Volume | ||
| $1.57 | $1.60 | $1.56 | 17710 | ||
| Last updated 15.16pm 14/06/2024 ? | |||||
| KCN (ASX) Chart |