I honestly thought once SPP overhang KCN sp will lift.. I think raising may have done some structural damage to sp. For a while we had floor price of $1.50.
KCN has sufficient funds to progress ramp up to full production to be completed by end of this year. Next quarterly we should see revenue / receipts from clients from the gold processing of the low grade stockpile and also the assessment of the profitability of processing that ore.
To get back above $2 I think we need some additional value generated.. this could be from positive news i.e. settlement royalty concessions, award of additional SPLs.
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$1.62 |
Change
0.020(1.25%) |
Mkt cap ! $417.5M |
Open | High | Low | Value | Volume |
$1.61 | $1.66 | $1.59 | $939.6K | 581.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 7553 | $1.59 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.62 | 5378 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 7553 | 1.590 |
1 | 1980 | 1.585 |
2 | 3878 | 1.580 |
1 | 5000 | 1.575 |
2 | 27600 | 1.560 |
Price($) | Vol. | No. |
---|---|---|
1.620 | 5378 | 2 |
1.625 | 1980 | 1 |
1.630 | 1980 | 1 |
1.640 | 10000 | 1 |
1.650 | 10000 | 1 |
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