While we are waiting for higher grade ore and Plant 1 operational, I've turned my mind to risks. Here's what I've come up with:
1) Substantially reduced gold price (low risk?)
2) Equipment breakdown requiring months of replacement/repair (medium risk?)
3) Takeover at low prices; Metal Tiger Mk II (medium risk?)
4) Dilution through capital raising or otherwise (medium risk?)
5) Government arbitrary mine closure (low risk?)
There may be more risks that I haven't realised.
Once we have higher grade ore and Plant 1 operational, I can't see the share price being below $2 and probably over $3. And once debt is fully paid and dividends start, the share price has got to be above $4.
Waiting for news ...
- Forums
- ASX - By Stock
- General discussion
While we are waiting for higher grade ore and Plant 1...
- There are more pages in this discussion • 642 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 |
1 | 2616 | 1.540 |
1 | 2666 | 1.535 |
2 | 9198 | 1.530 |
3 | 41943 | 1.520 |
Price($) | Vol. | No. |
---|---|---|
1.570 | 3565 | 2 |
1.575 | 15404 | 2 |
1.580 | 2666 | 1 |
1.610 | 8000 | 1 |
1.625 | 610 | 1 |
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 |