if the lease arent granted in time they close down the mine, send 100's of workers home without work, which given the usual employment multiplier of 1 to 5 will send thousands of others out of work
you think the pollies will let that happen? remember the area KCN operates in is the electoral heartland of the current Thai governement who are extremly keen to encourage foreign investment back into the country
If KCN hadn.t cashed in AND it would be very very grim. they had a debt and no cash flow. the share price would be under 3 bucks by now
but with over $40million in the bank they can ride out the issue for years.
I bought back in around $4.35. Nothing on the market compares to the quality of Chatree operation. low cost long life with enormous blue sky
thisa time next year you won't see it under $15!
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Last
$1.37 |
Change
0.010(0.74%) |
Mkt cap ! $353.1M |
Open | High | Low | Value | Volume |
$1.36 | $1.38 | $1.32 | $560.6K | 417.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4500 | $1.36 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.38 | 3932 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4500 | 1.355 |
1 | 3932 | 1.350 |
1 | 3932 | 1.345 |
1 | 4286 | 1.340 |
4 | 25814 | 1.330 |
Price($) | Vol. | No. |
---|---|---|
1.375 | 3932 | 1 |
1.380 | 13887 | 2 |
1.410 | 32 | 1 |
1.415 | 9500 | 1 |
1.420 | 24138 | 2 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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KCN (ASX) Chart |