General discussion, page-2045

KCN have a great track record of shareholder returns via dividends. One of the best for a resource company on ASX.

I can certainly see a regular 20-30c annual dividend coming our way. I also believe we will see 200+ oz of gold and 1m+ of silver with refurbished plants 1 and 2 and higher grades from quartz and surrounding area. If gold and siver keep running, we could easily see 50c+ dividends annually, and/or big onmarket buybacks.

The situation for KCN reminds me of Andrew Forrest and FMG. Both Ross and AF own so much stock in a company they run, they insist on a high payout ratio.

No income tax to pay in Thailand or Australia, with incentive holidays and losses to carry forward. Won't be any franking for some time to come - but more dividend (as they have no tax to pay and not much more than exploration costs to consider).

With so many tenements and so many minerals in Thailand on the incentives list, I wonder if KCN will do a number of partnerships - we provide the ground and you do the looking?

I do think analysts and potential investors are underestimating the potential of KCN and the position we have put ourselves in Thailand. The BOM can see this, but can't shout from the rooftops.

I see it as a buy as much as you can and hold for as long as you can (DYOR)