KCN profit to 30/6/02 from 7 months of the mine in Thailand , is...

  1. 406 Posts.
    KCN profit to 30/6/02 from 7 months of the mine in Thailand , is $30 Million with 15c maiden dividend . 2003 is expected to earn net profit of at least $50 million dolllars at the lowest cash cost in the world ( USD 80 per oz ) . Has mine life of 6 years and recently upgraded its resource in a big percentage . At $2.75 it is trading at about PER of 4.50 .
    This is IMHO the best gold stock on ASX .
    ALL THE ABOVE IS JUST A FRACTION OF A HUGE SUCCESSFUL AUSSIE JUNIOR THAT HIT IT GOLD .duff
 
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