KCN 3.27% $1.63 kingsgate consolidated limited.

Demand for clarity on financing, page-25

  1. 3,412 Posts.
    lightbulb Created with Sketch. 883
    12% interest rates, 20% of kcn, sit at the table, don’t you think your offer is way outside the box. I would prefer company does stay outside of debt and do a CR, 1 for 5 @$1.00 will give them $44m and they can buy it back once it is operational.

    Option two, sell some inventory with discount rate with future delivery date and get the cash.

    But I would go with your opinion mate. You should change your view of business, at present it is showing you want everything.

    Note: kcn might exploring different options which will only benefit to shareholders.

 
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