I never said that KCN should drop the lawsuit, in fact I have said in earlier post could have let TAFTA rule may have even strengthen KCN's bargaining power in settlement.
Most holders including myself are in favor of Chatree restarting a soon as possible. Getting PRI claim monies and paying off the loan and the buybacks was great.. but it wasn't that long ago KCN had about $20+m... I thought that was getting low.. The SP at the end of November was flirting around $2, when extension to settlement of two months was granted. one can reasonably infer at that point two month extension equating two month delay to mine re-start and in my opinion that trigger correction in the sp..
I think it is positive news that management has taken a decision to proceed with mine restart without the need to settle. But you't cant ignore there is uncertainty out there putting a dent in sp... I can't wait for announcement on Finance and guidance on timeframes on re-start advice on refurb capex.. the sooner the better. Feel free to put me on the Ignore list and as I put on the ignore list and no longer to respond to any of your posts.
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Last
$1.63 |
Change
-0.055(3.27%) |
Mkt cap ! $418.8M |
Open | High | Low | Value | Volume |
$1.66 | $1.67 | $1.63 | $376.3K | 229.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 10338 | $1.63 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.64 | 51400 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 10338 | 1.625 |
1 | 10000 | 1.620 |
1 | 2196 | 1.615 |
5 | 29322 | 1.610 |
2 | 1255 | 1.605 |
Price($) | Vol. | No. |
---|---|---|
1.635 | 51400 | 2 |
1.640 | 1464 | 1 |
1.645 | 1464 | 1 |
1.650 | 41464 | 2 |
1.680 | 75076 | 3 |
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