" DCN have announced they will close the Mt. Morgans mill and not treat 3rd party ore. Not surprising I guess, if they really wanted to keep the mill making money for shareholders they would have sorted mill feed last year. Scratch that as a plan for some Cardinia ore it seems."
GMD also announced that it will not be extending the DCN buy out date past 20th Feb. and part of that statement reads :
Seems like the KIN/Delphi acquisitions of the remainder of shares has encountered some hurdles.
The chess manouvre appears to be in tricky waters. What benefit this manouvre was /is to KIN shareholders remains a mystery and KIN/Delphi now only have less than 3 weeks to de-risk that investment for KIN shareholders or pull another rabbit out of the hat . Should option (c) be chosen by then the outcome for KIN shareholders will be write to off the funds invested in DCN or have I missed something ?
More Jaffas and a jumbo popcorn bucket please !
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Last
6.6¢ |
Change
-0.001(1.49%) |
Mkt cap ! $108.0M |
Open | High | Low | Value | Volume |
6.7¢ | 6.7¢ | 6.6¢ | $21.07K | 317.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 649429 | 6.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.7¢ | 109077 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 649429 | 0.066 |
3 | 19384 | 0.065 |
2 | 170000 | 0.064 |
2 | 23000 | 0.063 |
3 | 297074 | 0.062 |
Price($) | Vol. | No. |
---|---|---|
0.067 | 109077 | 2 |
0.068 | 194115 | 2 |
0.069 | 825826 | 11 |
0.070 | 441347 | 9 |
0.071 | 60000 | 1 |
Last trade - 13.47pm 02/07/2025 (20 minute delay) ? |
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