So let's do some calculations for what we get straight off the bat by processing the existing stockpile, assuming our all in costs are still around us $750 area. (excluding any royalty discounts or incentives we may get in the settlement)
*** 73,000 ounces of Gold x current Gold price us$1820 - Costs us$750 = is a profit of about us$1,070 an ounce or US$ 78,000,000
*** Converted to Aussie at 0.714 exchange rate = Aussie $ 110,000,000
Lets add the 780,000 ounces of Silver, (i believe this is just a byproduct and the cost is included in the US$750 an ounce, not sure) = $25,000,000
So.......................... do you think it will take long to payback a $35 million loan to fund the restart ?
So................market cap today is 371 million @ $1.65..... woweee
So......... Let's hope Ross the Boss get's a little extra on the loan to start the buyback around here and take these shares from whoever the numb-nuts are who's selling down here.
- Forums
- ASX - By Stock
- KCN
- Processing stockpiled Ore will give us 73,000 ounces Au & 780,000 Ag
Processing stockpiled Ore will give us 73,000 ounces Au & 780,000 Ag
-
- There are more pages in this discussion • 11 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 KCN (ASX) to my watchlist
|
|||||
Last
$1.36 |
Change
0.000(0.00%) |
Mkt cap ! $349.2M |
Open | High | Low | Value | Volume |
$1.34 | $1.37 | $1.30 | $905.2K | 670.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 11092 | $1.34 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.36 | 2192 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 11092 | 1.340 |
1 | 2592 | 1.335 |
1 | 2592 | 1.330 |
1 | 1354 | 1.325 |
1 | 10600 | 1.305 |
Price($) | Vol. | No. |
---|---|---|
1.355 | 2192 | 1 |
1.360 | 4400 | 1 |
1.365 | 3888 | 1 |
1.370 | 3888 | 1 |
1.390 | 37500 | 2 |
Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
Featured News
NEWS
Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo
DVP
Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place
KCN (ASX) Chart |