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6.52% $1.47 kingsgate consolidated limited.

kcn smashed down again ... 9% today, page-4

  1. alecfra
    5,200 Posts.
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    03/05/13
    12:58
    Post #: 11718932
    yOU SAY
    The gold produced at Challenger for the March quarter had a total cost of $2,200 an ounce! So issuing about 30 million shares in the takeover of Dominion obtain Challenger does not appear to have worked out at this time, plus has cost KCN millions of dollars since in working capital. "

    Not sure this is a correct summary,must contain lots of development costs (once off).

    Statement made by CEO late march in a formal presentation says they are aiming at a $800/oz. A big difference!!
    KCN Price at posting: $1.72 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
$1.47 		Change
0.090(6.52%) 		Mkt cap ! $378.8M
Open High Low Value Volume
$1.41 $1.48 $1.40 $1.121M 773.4K

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No. Vol. Price($)
1 549 $1.47
 

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Price($) Vol. No.
$1.48 903 2
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