Indeed, the NE silver reserve's significance for KCN lies in its considerable economic value and strategic importance. As one of the largest silver reserves in the world, it constitutes a major asset for KCN.
The potential income from extracting and marketing this silver could significantly bolster the company's financial health and prospects for expansion. However, constructing new mining facilities is a formidable challenge, potentially more so than reducing the US debt. The expenses might range from $150 to $200 million, and completion could take upwards of two years, or perhaps four to five years in our case.
Possessing such an extensive reserve positions KCN advantageously in the global silver market, allowing it to sway market prices (our share price) and secure enduring contracts with purchasers, thus guaranteeing a consistent revenue flow.
For investors, the NE silver reserve substantially enhances the value of KCN's portfolio, rendering the company an appealing option for shareholders and prospective investors seeking stable and lucrative investment avenues.
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Price($) | Vol. | No. |
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