re: Ann: Kin Mining to Acquire Leonora Gold P... Hi SSNaturally...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 15,774 Posts.
    lightbulb Created with Sketch. 268
    re: Ann: Kin Mining to Acquire Leonora Gold P... Hi SS

    Naturally the company will present it as a great opportunity - that is a given.

    I am aware that NAVs problems were bronzewig related, but Nav did attempt to do a Feasilibility study and Leonora and the costs were too high. they subsequently attempted to review this scale of the plant to reduce costs , but this wasn't deemed feasible either. As mentioned d this was in a higher gold price environment. I am not sure whether the second part was ann, but i often called the company to ask about Leonora, as it was the next growth project.

    given you have the relationship with the MD, I would ask to see NAVs pre feasibility work on Leonora.

    Perhaps NAV management had no idea - many would argue that was the case. Simply adding a little info to the discussion . I have no view on KIN , positive or negative
 
watchlist Created with Sketch. Add PTN (ASX) to my watchlist
(20min delay)
Last
6.3¢
Change
-0.002(3.08%)
Mkt cap ! $85.14M
Open High Low Value Volume
6.5¢ 6.7¢ 6.2¢ $108.8K 1.691M

Buyers (Bids)

No. Vol. Price($)
2 88775 6.3¢
 

Sellers (Offers)

Price($) Vol. No.
6.5¢ 35788 1
Last trade - 16.10pm 07/11/2024 (20 minute delay) ?
PTN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.