KCN 3.27% $1.63 kingsgate consolidated limited.

Ann: Chatree Gold Mine Overhaul Update, page-15

  1. 178 Posts.
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    It is correct - (straight from the horses mouth). 5 month until we have both plants up and running and mining at all systems go.
    Correct, that there is higher grade on the way down. Drill rigs to ascertain exactly where.
    This ore can feed plant two which will help a little.

    My point is. This is all business as usual. Nothing special at all here. However, we REFUSE to get a loan. OR we are simply unable to get a loan. That is fact. There are no other options.

    We also REFUSE to do a buy back.

    We could have got a $10m to $20m loan and funded a buy back. We are not.

    SP indicates this.
 
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