You would think working capital loan can't be far behind, since bangkok bank as signed an equipment loan..
The elephant in the room for KCN is sovereign risk attached to Chatree mine.. there has been lot criticism on spending money on community events.. but I think this is utterly necessary to maintain social licence to operate in Thailand.. job creation, investment in Chattree regional committee.. all good talking points for Thailand government when it comes to Tafta settlement.
I also suspect that one of Tafta negotiating points is that KCN outsources their refining ..permanently.. this adds to AISC costs but is the price of operating .. and why there are no plans to purchase and reinstall a blast furnace.
You would think working capital loan can't be far behind, since...
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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 | $493.4K | 316.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2587 | $1.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.57 | 2944 | 1 |
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| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
$1.55 |
Change
0.005 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| $1.58 | $1.59 | $1.54 | 28463 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| KCN (ASX) Chart |