KCN 3.66% 39.5¢ kingsgate consolidated limited.

exploration or warchest?

  1. 3,800 Posts.
    I personally dont believe KCN will use all of the new placement money for exploration. They have a cash cow churning out $ that would easily cover exploration needs.

    The deeper high grade play found in recent drilling will take some $ to follow up but as far as i am concerned, KCN have stocked up ready to make a acquisition somewhere sometime, watch this space.

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