Price Prediction December 2022?, page-9

Interesting, with a high g/t yield and a small float I see double digits also. 3 to 4 dollars till half-year report (no dividend) 7 to 11
dollars two years. Our biggest obstacle is debt (see EVN) we need to grow organically with earned funds, make upgrades that Kingsgate can afford. Building on projects they can afford.

I crypto mine. I own 7 ether coins from etherium. I spent close to 30,000 AUD setting up rigs with a 250 hs rate. My point is this. I am making money, however, the consensus method will soon change from POW Proof of Work to POS Proof of Stake. That means my etherium days will soon come to an end. Although I had no idea it would take place so soon I did plan for contingencies and used funds I can afford to lose.

Kingsgate should stay lean and mean. Buying new mines with new issues, loans or partnerships is not a good way to go for a high share price. Since Evolution took on another new mine and sold one its price has not recovered to the 7 dollars per share level. This is a company that has five mines. It now trades for 4.70 to 5 dollars. Kingsgate with one great mine will do much better than 5 average performing mines. More mines are great as long as they all perform with stellar results, after all, we still have to pay licences overheads capital expenditure, really?

There are way too many variables that can go wrong like POW to POS.
Who really wants the headache!