KCN 0.86% $1.74 kingsgate consolidated limited.

Not sure who suggested this would be a 10- bagger except for...

  1. 168 Posts.
    lightbulb Created with Sketch. 74
    Not sure who suggested this would be a 10- bagger except for you? I personally think a 3-bagger if your buy in price is around 1.00 a share. Gives it a MC of 750M AUS, which is conservative if producing 100-120k ounces per year at a low AISC. If NE sold, TAFTA settled with cash payment, and ugraded LOM, then maybe worth a lot more.
    Show me a better option in the gold sector please, and I will change my opinion.
    I am happy to do 300% ROE.
    See you at 3.00
 
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