KCN 4.43% $1.65 kingsgate consolidated limited.

Short Squeeze on Sale of Neuva Esperanza or 1st Gold pour, page-320

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    https://www.thairath.co.th/news/politic/2553503

    Today' s article from Thailand's top blogger "Mae Luk Chan"

    Mae Luk Chan” pointed out that Uncle Tu's government was afraid of losing the case and therefore had to grant an additional 44 plots of gold mining licenses. The total area is almost 400,000 rai as westerners want. That's just not satisfying. Uncle Tu's government has given the green light to license the Kinggate company to explore and produce 66 more plots, totaling nearly 600,000 rai of land.
    In spite of the original concession of the Akara Gold Mine, the area was only 2,400 rai. equals to the government allowing Kingsgate Company to explore and produce more 1 million rai of minerals in exchange for withdrawing the lawsuit against the Prime Minister!! It is an expensive lesson for the prime minister, Uncle Tu must fully accept. "Mother Luk Chan" is confident that Kingsgate will agree to withdraw the lawsuit against Prime Minister Uncle Tu before the end of the year. According to the reciprocating agreement The Akara Gold Mining Company has come back to repair machinery and gold smelters that have been closed for 5 years to be in a new state of operation. from the beginning of next year onwards In addition, 160 new employees have been recruited. In conclusion, the case of Prime Minister Uncle Tu using Section 44 to order the closure of the Akara gold mine has returned to the original point!! Gold mining concessions that have stopped production for 5 years will be extended to the same or even longer. As for allegations of gold mines polluting and destroying the environment, there is no need to talk about causing a stir. It's already gone.
 
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