did anyone talk about the royalty plus refining cost being estimated at $US 250/ oz in the AISC figure?
To me, thst sounds extraordinarily high….
I am hoping KCN wins a reduced royalty rate in the settlement agreement. a cut in the royalty rate was mentioned in earlier discussions of KCN's Wishlist for settlement, but it doesn’t seem to get mentioned anymore.
Did anyone question why only $2.5 m was planned to be spent on exploration for 2023. that is peanuts, and presumably KCN has to pay an annual fee to hold those 44 exploration leases.
did they discuss what is holding up the refurbishment of mill 2 and why it’s completion was pushed out till end of Jan?
i emailed these questions to KCN before the AGM meeting but I have no idea whether these issues were addressed.
KCN Price at posting:
$1.78 Sentiment: Buy Disclosure: Held
(20min delay)