Good Afternoon LG,
You make some good points, but caste your mind back to when you first purchased these shares all those years ago, you did so in anticipation of your company being in this position, With 2 plants and mining gold. I remember you predicting that KCN would be in a position that they were mining gold when the gold price would be at a record high. It is all of those things now. Congratulations on your prescience and perspicacity!
It may not have happened as quickly as either of us would like, there were plenty of slip ups along the way, one of which was the delay in getting the judge from Hong Kong to Singapore in the aftermath of the Hong Kong civil disobedience (lost the best part of a year there), the delay with the arguing provinces (3 months) etc. There were certainly errors made by management (delay in parts ordering) but in the end we have got there.
I think Kafko's post here makes good sense.
https://hotcopper.com.au/posts/75365986/single
That said, the next 3 months are of important for the TAFTA result and for the amount of gold coming from the 2 plants and the life of mine at the end of the year.
The shtheads who are painting the chart have to do what needs to be done. Expect cheap prices. I rang Nina on Friday and said it would be a good time for a buyback.
Meeting with senior counsel and solicitor on Wednesday.
Cheers
Fitz
- Forums
- ASX - By Stock
- KCN
- Why JG must be removed from our boardroom immediately
Why JG must be removed from our boardroom immediately, page-18
-
- There are more pages in this discussion • 27 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KCN (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.36 |
Change
-0.025(1.81%) |
Mkt cap ! $350.5M |
Open | High | Low | Value | Volume |
$1.39 | $1.39 | $1.35 | $498.0K | 365.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 945 | $1.36 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.38 | 4186 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 945 | 1.360 |
1 | 10000 | 1.355 |
1 | 4186 | 1.350 |
1 | 4186 | 1.345 |
2 | 21000 | 1.340 |
Price($) | Vol. | No. |
---|---|---|
1.375 | 4186 | 1 |
1.380 | 14186 | 2 |
1.400 | 2000 | 1 |
1.410 | 32 | 1 |
1.415 | 9500 | 1 |
Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
Featured News
KCN (ASX) Chart |