Holders are thinking we will get the gold for free and keep the cash in the account and expenses won’t have to pay.
If you are invested in kcn then you should know we have running mine which requires working capital as well as refub costs and administrative costs. Burning is high no question but it will get smothered once second plant kicks in. Every month kcn will print 7-10m profit from Oct or Nov or December whenever we finish the refub.
Dreaming high reserves of cash or buy back is unrealistic unless we get a buyer for NE.
Holders are thinking we will get the gold for free and keep the...
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Last
$1.51 |
Change
-0.005(0.33%) |
Mkt cap ! $389.2M | |||
| Open | High | Low | Value | Volume |
| $1.54 | $1.58 | $1.50 | $784.1K | 510.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 381 | $1.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.51 | 45578 | 2 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| KCN (ASX) Chart |