Let's review what we are waiting for, in order of preference:
1) Fresh (higher grade) ore feed
2) Plant 1 operational
3) Neuva Esperanza sold, or, my preference, once we have income, either alone or partnered, turn Neuva Esperanza into a second source of income.
The one saving grace is that gold is at record highs. The sooner we get 1) and 2) going the sooner we can pay off loans and be debt free. Surely 1) and 2) can't be more than 3 months away.
Management, if you are listening, please keep shareholders regularly informed. Probably weekly until 1) and 2) are accomplished. Don't tell us what we want to hear, but the situation to the best of your knowledge. A good start would be to list the items in transit for Plant 1 and the carriers' estimated delivery dates. Then the process steps that need to be undertaken before Plant 1 is producing. Each process step should have the best estimate of how long it takes based on past experience or other evidence. Once management credibility is established, the share price will rise substantially.
- Forums
- ASX - By Stock
- General discussion
Let's review what we are waiting for, in order of preference:1)...
- There are more pages in this discussion • 711 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KCN (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.55 |
Change
-0.005(0.32%) |
Mkt cap ! $399.5M |
Open | High | Low | Value | Volume |
$1.56 | $1.56 | $1.52 | $322.3K | 208.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4885 | $1.55 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.57 | 3565 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4885 | 1.550 |
2 | 27000 | 1.520 |
1 | 5000 | 1.505 |
3 | 18999 | 1.500 |
1 | 6688 | 1.495 |
Price($) | Vol. | No. |
---|---|---|
1.570 | 899 | 1 |
1.575 | 12738 | 1 |
1.610 | 8000 | 1 |
1.625 | 610 | 1 |
1.630 | 10610 | 2 |
Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
Last
$1.54 |
  |
Change
-0.005 ( 1.60 %) |
|||
Open | High | Low | Volume | ||
$1.56 | $1.56 | $1.53 | 15852 | ||
Last updated 15.59pm 03/05/2024 ? |
Featured News
KCN (ASX) Chart |