KCN 2.44% $1.50 kingsgate consolidated limited.

November production --> was it really + 5,700 ounces ????, page-142

  1. 1,621 Posts.
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    They have a gold mine worth how much- a billion dollars? , 2 processing plants that will be operating in 6 weeks ($350,000,000?) NE, tax holiday for 8 years, exploration rights for an entire goldfield, with an IPO on the horizon. They have a cause of action in addition will be $250,000 with maybe an extra $70,000 from Zurich if that becomes a liability should they keep the mine and $850,000,000 if they don't. The 24 million liability at the moment looks like pretty small beer to me.

    The mild dilution, the Taurus loan that was paid by the mild dilution does not look "very expensive" remembering from whence this company has come. It has come from nothing to once again running one of the most efficient gold mines in Asia, against all the odds.

    It seems you have an agenda. At the moment I have difficulty with your arithmetic.
 
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