Risk
- Our "sword of Damocles" (TAFTA) is looking more like a blunt pocket knife; remember we are just farangs operating in a risky jurisdiction.
- Trump and other dictators have long lunch & work out ways to personally make trillions together, conflicts averted & gold goes back to ~$2000 USD, we are left operating a low grade / high AISC mine (mostly caused by the unsustainable / outrageous royalties) & Thai’s take it over for cents in the dollar..
- either or both 4 or 5 below happens which will likely cause our Thai landlords to want what we have even more,… and round 2 begins.
Reward
- The madness of Trump & other dictators is likely to continue uncertainty & send gold higher
- the BS of Fiat currency is likely to send gold higher
*These scenarios are much more likely, (IMO) – my hope is it then becomes a takeover target by either Thai national or Chinese buyer.. @$3-$4 SP
I’m still batting for KCN,… just not swinging for the fence !
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Last
$2.21 |
Change
-0.110(4.74%) |
Mkt cap ! $569.6M | |||
| Open | High | Low | Value | Volume |
| $2.28 | $2.35 | $2.20 | $2.311M | 1.021M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $2.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.21 | 500 | 1 |
View Market Depth
| Last trade - 16.17pm 23/06/2025 (20 minute delay) ? |
| KCN (ASX) Chart |