You would think KCN have the competency to forecast and budget cashflows.... depends what you are projecting expenses.. I recall someone calculating cashflow negative in the month of April .. but depends on assumptions.. there is 6 week delay in cash conversion.. I did a rough calc.. and came up estimate should operating cashflow positive for March Qtr.. but just barely.. should be doubling revenue when mill 1 starts assuming blending
with mined ore to achieve 0.8 g/t as what stated by Jamie in the webnair at the beginning of April.... should be undoubtedly FCF when ramp full production 120koz pa..
They will still number question marks that KCN can have generate net postive cashflow of $11m by May...
You would think KCN have the competency to forecast and budget...
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Last
$1.56 |
Change
0.005(0.32%) |
Mkt cap ! $400.8M | |||
| Open | High | Low | Value | Volume |
| $1.56 | $1.59 | $1.54 | $493.4K | 316.9K |
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| No. | Vol. | Price($) |
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| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
$1.55 |
Change
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| Last updated 15.59pm 06/05/2024 ? | |||||
| KCN (ASX) Chart |