KCN 0.30% $1.66 kingsgate consolidated limited.

November production --> was it really + 5,700 ounces ????, page-113

  1. 891 Posts.
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    Nice Reply Fitzroy ! You must have been a great Lawyer ! smile.png

    Fingers crossed your trust from the AGM presentation is warranted & production +5,750 ounces in November is Boomer because i used my last $2,000 on KCN at $1.28 monday trusting them too! rolleyes.png


    Some Observations from an idiot like myself:

    Nucharee -- Described as Generous ?

    Her little greedy fingers are the biggest beneficiary of Chatree re-opening by a country mile !! Way more better than shareholders as at today !!...

    Already in just the last quarter she has her little mitts into most of this $22,500,000 Mining expenditure from her Mining Contractor costs received in cold hard Cash !! sneaky.png

    Cold hard interest Cash going into her greedy little fingers too ! already +$1,000,000 cash, all from KCN shareholders DEBT !! eek.pngeek.pngeek.png

    https://hotcopper.com.au/data/attachments/5891/5891129-84b6ce456a1f440f8660a3ffaf08d077.jpg

    Her Loan of $12,000,000 @ DOUBLE Thai interest rate of +12% isn't generous !!! OMG... That's like a Thai hooker charging you $1,200 an hour for a Thai massage and then she gives you a glass of water on your way out the door and you call her "generous " for the water ! eek.png

    Only 2 weeks to wait and all is revealed....tongue.png


    Let's hope at a minimum that this stock price plunge has given Jamie a wake-up call that being a CEO & MD & CAIDC and having all the alphabets after your name is about delivering results and not just being a wannabe Paris Hilton selfie star !

    Let's hope when we look at his LinkedIn profile and look at the history like his Kingsgate strategic advisor from 2013 , it's not another $1.74 -> 14c disaster under his strategic advisor leadership.....eek.png But there were excuses back then !, just like there are excuses today ! blame the Thai's !


    Finally regarding Ross the Boss great strategic decision to increase Zurich Insurance coverage ! cool.png

    Do you realize than most of this money since 2016 closure, around $49,000,000 has been blown on Neuva Esperanza dumb$hit holding costs !

    That's over half of the Great Zurich insurance money has been blown on paying off the never ending dogshit decision to buy Neuva Esperanza and the rest of about $7,000,000 a year in Chatree Care & Maintenance costs for 34 little Thai's to sit around playing ping-pong all day because after this year long refurbishment the little creatures obviously didn't keep it in tip top shape did they ! confused.png

    That's like the sneaky Thai hooker only charging you $50 for the Thai massage, you thank her for being good value, then you get in the mail a week later a sneaky bill for $1,000 from her laundry mat as a fee for cleaning the little mess you left on her towel...

    sneaky.png
 
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