Samscout.
KI historic average was 64.8% . KI refocus s targeting the higher grade lower strip areas so 65-66 likely but even 64.8% will do very nicely
The key for me is that KI capex was guided on 2016 to be less than 90m . That is not a big figure given current 447m in cash ( likely to be about 460 now ) plus impending insurance pay out. It is very possible that KI restart could happen with MGX still having 400m in cash left over. All we would need is cash to grow by another 43 m which is highly likely
By the way the rail liability is if now officially gone
KI Update, page-20
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Last
30.5¢ |
Change
0.010(3.39%) |
Mkt cap ! $365.5M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 30.5¢ | 29.5¢ | $42.02K | 139.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 104867 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 355340 | 6 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| MGX (ASX) Chart |
