for those kingsgate followers, the company has announced the first resources estimate for the A deposit, which conveniently is jsut a kilometre from the orebody that they are now mining. the resources at the A deposit, are about 700,000 oz, and increase resources by 59%. the deposit is open at depth, to the north and to the south - ie, there is room for a further increase. this company has the potential to be a cash cow. in 5 years time, when the company has to offer a 50% share to the locals, there could be further big returns to shareholders. i am glad to be holding shares in this company, as a long term investment (of course, things can always change)
increased resources
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Last
$1.53 |
Change
-0.055(3.48%) |
Mkt cap ! $349.6M | |||
| Open | High | Low | Value | Volume |
| $1.57 | $1.61 | $1.50 | $596.4K | 382.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 24220 | $1.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.53 | 6 | 1 |
View Market Depth
| Last trade - 16.10pm 26/05/2022 (20 minute delay) ? |
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Last
$1.52 |
Change
-0.055 ( 3.97 %) |
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| Open | High | Low | Volume | ||
| $1.57 | $1.61 | $1.50 | 43635 | ||
| Last updated 15.58pm 26/05/2022 (live) ? | |||||
| KCN (ASX) Chart |