By the end of 2024, Kingsgate will have repaid any working capital facility it gets later this month from BB so the interest rate will be almost meaningless.
$2357/oz Au currently less $1357 AISC = US$1000/oz surplus = A$1515/oz surplus on 120k ozs Au in FY25 = A$180mil surplus before Syd corporate costs of $10mil and virtually no interest costs after repaying the Director loans in Nov. And no tax to pay on profits for years to come.
By the end of 2024, Kingsgate will have repaid any working...
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Last
$1.63 |
Change
0.088(5.66%) |
Mkt cap ! $421.4M | |||
| Open | High | Low | Value | Volume |
| $1.62 | $1.67 | $1.59 | $991.0K | 606.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1118 | $1.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.64 | 892 | 5 |
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| Last trade - 12.36pm 21/10/2024 (20 minute delay) ? |
| KCN (ASX) Chart |