KCN has just released it' lates quarterly results are they are terrific as expected.
Have a look at the ASX site, but the summary is as follows
# Chatree mine expansion approved
# Production for Dec 1/4, 37,294 oz
# Cash cost USD$74 oz !!
# Av price recived USD$ 326 !!
# KCN can deliver gold to the spot market to 3/2004
# Chatree resources and reserves increased
Total revenue for metal sales last 1/4 USD$ 12.6m
All in all an oustanding result with the forecast they will meet their 12 months to June 2003 forecast....but read they will EXCEED this!!!
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- excellent quarterly results!
excellent quarterly results!
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