KCN is magnitudes better than lithium soil/rock samples.
Gold/Silver is where the money is, with the possibility of copper byproduct happening at some distant point.
We have some hurdles to get over: debt repayment/replacement, and management actually reporting an increase in processed grade. But the $400m market cap reflects an established plant and actual resources/reserves. Distant resources South of Chatree are smoke and mirrors in the short term - no resources defined, and then no permissions for mining/transport/processing. The ones <5km from Chatree may be possible in <5 years, but I doubt any others are.
General discussion, page-4971
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Last
$1.56 |
Change
-0.050(3.12%) |
Mkt cap ! $400.8M | |||
| Open | High | Low | Value | Volume |
| $1.60 | $1.60 | $1.54 | $482.3K | 309.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10494 | $1.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.56 | 2662 | 1 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| KCN (ASX) Chart |