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
(20min delay)
|
|||||
Last
$1.56 |
Change
0.005(0.32%) |
Mkt cap ! $400.8M |
Open | High | Low | Value | Volume |
$1.56 | $1.59 | $1.54 | $493.4K | 316.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 2587 | $1.56 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.57 | 2944 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 2587 | 1.555 |
2 | 8487 | 1.545 |
2 | 12230 | 1.540 |
1 | 2230 | 1.535 |
2 | 2830 | 1.530 |
Price($) | Vol. | No. |
---|---|---|
1.565 | 2944 | 1 |
1.575 | 8230 | 2 |
1.580 | 42730 | 3 |
1.585 | 2230 | 1 |
1.600 | 10000 | 1 |
Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
|
|||||
Last
$1.55 |
  |
Change
0.005 ( 0.00 %) |
|||
Open | High | Low | Volume | ||
$1.58 | $1.59 | $1.54 | 28463 | ||
Last updated 15.59pm 06/05/2024 ? |
Featured News
KCN (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online