which part makes you angry? I’m down mill but I’m okay with the first three months results. It was expected as we opened after 6 years, only thing is hard to control is expenses but they managed to make 8.9m (which isn’t converted to cash yet), it takes three months to fully recommission a plant and we passed that period which means every month we will see little improvements, this qtr production will be higher around 12k plus ounces.
Kcn Sydney office had 5 employees (due to cost savings process) and the number started growing which means we will have better reporting, communication and updates more frequently in future, RSK needs to look at the bank balance every day as his shareholders drops pants most of the time and others (like me) doesn’t have money, loans will increase expenses too. Selling of NE taking longer time as HFguy made a lots of noise and spread bad things about NE to keep us down back then as he couldn’t get hands on our finances and 20% free warrants.
We will overcome all the problems before we touch quartz leases and other mining areas, if we do (I believe we will) and we can run kcn 40-60 years profitable and loan free.
Yesterday people sold 2m shares (number is nothing) but I’m not buying from the market yet as I want people to drop their pants more unless we get a deal for NE this month.
Feel free to drop your frustrations but consider this end of March we got permission do mine and three months isn’t a lot of time for assessment of plant 1 and start to show a good results.
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Last
$1.21 |
Change
-0.035(2.81%) |
Mkt cap ! $311.8M |
Open | High | Low | Value | Volume |
$1.25 | $1.27 | $1.21 | $9.496M | 7.813M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 158372 | $1.21 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.23 | 442307 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 150372 | 1.210 |
2 | 20250 | 1.205 |
8 | 88600 | 1.200 |
1 | 20000 | 1.195 |
3 | 27090 | 1.190 |
Price($) | Vol. | No. |
---|---|---|
1.225 | 442307 | 2 |
1.230 | 373703 | 1 |
1.250 | 19078 | 3 |
1.255 | 67590 | 2 |
1.270 | 22801 | 2 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
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KCN (ASX) Chart |
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