That's great but you may be able to start thinking bigger than just debt reduction once both plants are firing and they start revealing the upside to the resource.
Still think this is ripe to be taken out. RSK would have expected +US$500M (or A$715M) prior to shutdown. IMO it's now a much better proposition with the additional concessions already extracted. Next 6-12 months will tell if my thesis is correct or otherwise.
Chart, page-112
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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 |
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| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| KCN (ASX) Chart |