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$1.56 kingsgate consolidated limited.

Sovereign risk and quality of management are big factors

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86 Posts.

27

21/04/23

15:06

Post #: 67398626
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Originally posted by Neilus: ↑

Hard to do matchups, but had a go with BGL.
It doesn't have the sovereign risk but does have high debt and not yet producing.

Kingsgate
Project - Chatree
LOM 9yrs 1.0Moz of Gold and 4.3Moz of Silver. AISC US$1,255/oz, Production 110koz p.a.
Debt - $15M Bridge facility + $15M working capital facility + $7.5m pref shareholder total $37.50
One plant operational, another by end of year.
KCN market cap $374M

Bellevue Gold Limited
Project - Bellevue Gold Project
LOM 10yrs 1.85Moz. AISC $1,100/oz, Production 200koz p.a
Debt - $200M
Not yet operational. First gold pour 2nd half this year.
BGL market cap $1.55B

$1.18B difference in market cap.
Either KCN is very cheap or BGL very expensive..

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Sovereign risk and quality of management are big factors

KCN Price at posting: $1.49 Sentiment: Hold Disclosure: Held
2 Upvote

1 Great analysis

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(20min delay)
Last $1.56		Change 0.005(0.32%)		Mkt cap ! $403.3M

Open	High	Low	Value	Volume
$1.56	$1.59	$1.54	$493.4K	316.9K

Buyers (Bids)

No.	Vol.	Price($)
4	2587	$1.56

Sellers (Offers)

Price($)	Vol.	No.
$1.57	2944	1

View Market Depth

No.	Vol.	Price($)
4	2587	1.555
2	8487	1.545
2	12230	1.540
1	2230	1.535
2	2830	1.530

Price($)	Vol.	No.
1.565	2944	1
1.575	8230	2
1.580	42730	3
1.585	2230	1
1.600	10000	1

Last trade - 16.10pm 06/05/2024 (20 minute delay)


Last $1.55			Change 0.005 ( 0.00 %)
Open	High		Low	Volume
$1.58	$1.59		$1.54	28463
Last updated 15.59pm 06/05/2024 ?

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