Just further to this i will add some specifics from GSJBW from 21st March:
- They beleive there is emerging value in the gold sector at this particular time.
- They rate SBM and KCN as the cheapest of the gold stocks under their coverage with a gold price of USD $950 p/oz and $1,000 p/oz being factored into perpetuity.
- KCN has previously traded at a premium of btw 5-9% to GSJBW underlying base valuation. It's currently trading at a 26% discount.
- They forecast production on 148koz, which is below company guidance, whilst recognising their may be some short term downside risks to production the market is overcompensating for a potential shortfall with a significant discount to base NPV.
Additionally they view the DOM acquisition as favourable because:
- lowers overall operational risk and country risk
- increases overall production base, without overly diluting the cash cost of the business
- provides access to additional technical skills in underground mining that can be applied to Thai assets.
Just further to this i will add some specifics from GSJBW from...
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Last
$1.40 |
Change
0.045(3.32%) |
Mkt cap ! $360.8M | |||
| Open | High | Low | Value | Volume |
| $1.39 | $1.42 | $1.38 | $627.5K | 448.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 36314 | $1.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.41 | 506 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| KCN (ASX) Chart |