KCN 0.00% $1.52 kingsgate consolidated limited.

Bring Back Wayne Schiller --> Make Wayne CEO, page-33

  1. 3,440 Posts.
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    Your focus is always after Jamie and Ross, their salary and bonuses or bedroom stuff, less on Chatree mine or it’s future potential.

    They promised they will recommission plant 1 by end of March quarter which means they have still 31 days from tomorrow. Sounds like news will be out any time.

    Management have limited options to utilise cash and use it wisely and they may have chosen to refub the plant 1 instead of start mining however they did some grade control to boost the cash as soon as they start plant 1. Good or bad decision future will tell us. stand by finance will eliminate our short fall and soon we will be cash king, we may not need any bigger long term loan.








 
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