Recent

% | $
Quotes you view appear here for quick access.

Kinross Gold Corporation Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • philtmcnasty8 philtmcnasty8 Aug 16, 2011 11:55 AM Flag

    Another stock price sapping debt offering by KGC!

    I think with all the development projects in the pipeline, a debt offering was pretty much a given. It certainly beats them issuing more shares and the interest rates look pretty favourable. My guess is that in 5 years the 2021 and 2041 bonds are going to look like a bargain for Kinross.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Assuming that all of these big projects come online and on schedule in 2013-14, then cash flow problems will become a thing of the past. I expect that their margins will be greater than $1000 per ounce of gold in 2014, and production should be close to 5 million ounces on an annual basis. Free cash flow should be pretty amazing.

 
KGC
2.41-0.03(-1.23%)May 22 4:01 PMEDT