I’m stating the obvious here , both parties know what cash cow this will be , let’s
say $1000 gross profit per ounce of gold , that’s about $300m US (yep USA dollars) a year EBITDA for the next 20 years
What’s that worth ? $10-$15 a share
All this can happen with KCN and Thai government agreeing ,
How much jobs?
How much taxes?
How much royalties?
And how much wealth creation with a listing on the Thai bourse for all
Many possibilities here , but ultimately common sense , truth and saving face (political spin)will prevail
Just a general question , are the guys who offered the 4c take over offer still around/involved?
KCN Price at posting:
$1.58 Sentiment: None Disclosure: Held
(20min delay)