KCN 3.05% $1.69 kingsgate consolidated limited.

Ann: TAFTA Update, page-77

  1. 871 Posts.
    lightbulb Created with Sketch. 2182
    Our Mgmt must be living in some sort of parallel universe to the rest of us...

    This is what happens when you compare employees Milking $25,000 cash a week living the dream, compared to shareholders being destroyed -40% in 2023 & loosing -90% since 2011 & not receiving 1c in dividends for 10 years. eek.png

    https://hotcopper.com.au/data/attachments/5883/5883714-3def30398a1940a28c0da004251ff2d5.jpg


    I guess you just have to look through all the announcements from 2011->2015 during the -90% plunge to see the same thing happening back then too..


    The ONLY gauge that matters today is every last cent being used to buyback cheap stock.. I know i harp on & on about this , but if they don't then we will never ever reach our full potential.

    If this Sydney Mining Club presentation finds a new big buyer who pushes us back above $1.50 without us buying back a single share then this is a disaster... We have all just experienced this -40% plunge during the entire 2023 for no long-term benefit, whereas if they just keep quiet and start nibbling away slowly with a small buyback, then long-term it could have been absolutely wonderful doing a placement at $1.50 and buying back cheaper below $1.35 ABSOLUTELY WONDERFULL! ---NO BETTER OPPORTUNITY FOR SHAREHOLDERS EVER ! FREE FINANCE ! PROFIT ON OUR FINANCE!

    Do you people understand ?

    Long-term we do not want anybody buying our shares cheaply here except the buyback and cancelling the shares forever.. It's shooting ourselves in the foot doing stuff like this, it's crazy! It does nothing but feeds Jamie's ego if he get's some hand clapping and handshakes.

    If you understand this, then please make your voice herd and stop this nonsense.

    [email protected]
    [email protected]


    ( Just say NO Jamie, if someone wants to talk about KCN, just say NO ---> Until after 50,000,000 shares have been bought back & cancelled and then you can go nuts ! Then the Lovegod will Scream from the rafters how good KCN is and we sell it to those beedy eyed Thai's in an IPO for 51% for $3 because it's Thai Gold for Thai people and we want to let them have it, or 51% of it for $3 and then get the hell out of dodge! what.png BUT until then we keep quiet ! )




 
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