We will recieve 15m from Andash. Debt from Murchison is 5m however the it is not under Kentor Gold Ltd.
As I understand it, we can wipe our hands clean from Murchison if we feel it is not worth anything? Otherwise we have to satisy the administrators that we have finances to fund it.
I think management are deciding whether to buy Murchison from Kentor Minerals WA?
Kentor Gold's cash balance was 2.2m at 31/3 and 15m from Andash makes it 17.2m cash. We are expecting to expend about $600k over the next quarter.
I strongly doubt we will go into recievership (although I have been wrong before).
- Forums
- ASX - By Stock
- KGL
- when will it turn
when will it turn, page-68
-
- There are more pages in this discussion • 20 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 KGL (ASX) to my watchlist
(20min delay)
|
|||||
Last
11.0¢ |
Change
0.010(10.0%) |
Mkt cap ! $62.40M |
Open | High | Low | Value | Volume |
10.5¢ | 11.0¢ | 10.5¢ | $7.027K | 65.41K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 441786 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 49066 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 441786 | 0.100 |
1 | 5107 | 0.098 |
1 | 22777 | 0.095 |
1 | 10763 | 0.092 |
1 | 6000 | 0.091 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 49066 | 3 |
0.120 | 242684 | 1 |
0.140 | 19749 | 2 |
0.160 | 14000 | 1 |
0.190 | 30908 | 2 |
Last trade - 11.27am 01/07/2024 (20 minute delay) ? |
Featured News
KGL (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online