There's also the small issue of whether the Kin ore would ever have made a buck going through the DCN mill.
At about 1.3g ore it's very skinny, and with haulage to DCN and milling (on what terms!) it'd be marginal at best I think.
No margin for error anyway.
What's next for Kin?
Cash will remain tight over this quarter with exploration, overheads and repaying the Delhi $3m loan all cash out the door and even tighter if DCN go for a capital raise. They could go for $50m so for KinDelhi to not dilute would be another $5m!
All that after raising say $8m now in Feb and probably coming back again cap in hand in April/May.
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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3 | 613820 | 6.6¢ |
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Price($) | Vol. | No. |
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6.7¢ | 107000 | 2 |
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No. | Vol. | Price($) |
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3 | 613820 | 0.066 |
3 | 19384 | 0.065 |
2 | 170000 | 0.064 |
2 | 23000 | 0.063 |
3 | 297074 | 0.062 |
Price($) | Vol. | No. |
---|---|---|
0.067 | 107000 | 2 |
0.068 | 194115 | 2 |
0.069 | 325826 | 3 |
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0.071 | 60000 | 1 |
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