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.
- Forums
- ASX - By Stock
- Ore processing agreement
There's also the small issue of whether the Kin ore would...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PTN (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.3¢ |
Change
0.002(3.92%) |
Mkt cap ! $86.78M |
Open | High | Low | Value | Volume |
5.2¢ | 5.3¢ | 5.0¢ | $39.45K | 772.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 298500 | 5.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.3¢ | 25732 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 258000 | 0.051 |
2 | 205000 | 0.050 |
5 | 227575 | 0.049 |
2 | 200000 | 0.048 |
1 | 20428 | 0.047 |
Price($) | Vol. | No. |
---|---|---|
0.053 | 25732 | 3 |
0.054 | 903003 | 2 |
0.055 | 319787 | 4 |
0.056 | 61830 | 1 |
0.057 | 46154 | 1 |
Last trade - 14.57pm 27/09/2024 (20 minute delay) ? |
Featured News
PTN (ASX) Chart |