This slide has always been the key metric for me.
The refurb of both plants and the successful running of Plant 2 to date shows me that management can drive this cash producing machine.
We have the quartz lease (that was always withheld) and this will improve the grade fairly soon. Management have set a very low bar in all their correspondence and I know they will smash through this.
The high gold/silver price and this dependable production will become a bonanza. We have our neighbouring EMR operating out of Cambodia who will be producing less ounces (in my opinion) and already has a market cap of $2B - 6 times KCN! They also don't have a dividend paying approach, unlike KCN.
This is a sit and hold - don't get caught in the mindset of selling too early.
Mid-2024, debt repayed, looking at 130-150k gold production and some solid exploration finds. NE will be offloaded and we are watching dividends returning soon.
This slide has always been the key metric for me.The refurb of...
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Last
$1.21 |
Change
-0.035(2.81%) |
Mkt cap ! $311.8M | |||
| Open | High | Low | Value | Volume |
| $1.25 | $1.27 | $1.21 | $9.496M | 7.813M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 158372 | $1.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.23 | 442307 | 2 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| KCN (ASX) Chart |