Share price won’t rerate until 1) higher throughput with plant 1 opening; and 2) processing higher grade. Settlement of TAFTA will be postponed again, and that’s not a bad thing,
Im now thinking the new govt may come around to finally including a cash payment to settle this. In the mean time if there are no further concessions we should keep it open.
Sale of NE is not going to happen now, maybe a JV or some other arrangement. The original plan to sell NE was out of desperation when kcn needed funding. That need has now dissipated. I just wish market would agree.
General discussion, page-4508
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Last
$1.80 |
Change
-0.060(3.23%) |
Mkt cap ! $462.6M | |||
| Open | High | Low | Value | Volume |
| $1.87 | $1.88 | $1.80 | $2.687M | 1.468M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $1.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.86 | 32228 | 2 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
$1.86 |
Change
-0.060 ( 0.04 %) |
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| Open | High | Low | Volume | ||
| $1.87 | $1.88 | $1.83 | 70507 | ||
| Last updated 15.59pm 17/05/2024 ? | |||||
| KCN (ASX) Chart |