Correct GymJunky. Delays are always to be expected in the mining industry. Even moreso when Thailand is involved.
There was little chance of a first pour by Dec 2022. Possible but unlikely, but that's fine. I'll speculate the share price will take off again to around $2.50-ish once the first pour happens, followed by a slow pull back and another 12 months of waiting for any movement. I have assumed I'll have to hold on for another 3 years before seeing the price hit around $5. The mains risks, in order, remain:
- Incredibly high sovereign risk
- Gold price
- USD/AUD exchange
- Infrastructure setbacks
All seem stable or moving in the right direction fortunately, but I am always vigilant and any sign of the first two blowing up, then I am outta here
Correct GymJunky. Delays are always to be expected in the mining...
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Last
$1.56 |
Change
0.005(0.32%) |
Mkt cap ! $400.8M | |||
| Open | High | Low | Value | Volume |
| $1.56 | $1.59 | $1.54 | $256.4K | 164.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10148 | $1.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.56 | 7898 | 9 |
View Market Depth
| Last trade - 11.40am 06/05/2024 (20 minute delay) ? |
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Last
$1.56 |
Change
0.005 ( 0.65 %) |
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| Open | High | Low | Volume | ||
| $1.58 | $1.59 | $1.55 | 10535 | ||
| Last updated 12.04pm 06/05/2024 ? | |||||
| KCN (ASX) Chart |