KCN 0.00% $1.36 kingsgate consolidated limited.

Chatree Festival Carnival party time live updates !, page-30

  1. 3,597 Posts.
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    We can only talk about management actions then predict our SP, so far they are cracking one step at a time like -
    like refurbishment, mining etc which will result in huge cashflow and next year I can only see they will focus on exploration only to unlock more Chatree and if we are lucky then we might get some good potential, let’s say we get 6 or 10 out of 115 SPLs where reserves will be 10-12m ounces of gold, then do the initial valuation of Akara around 2-3b to do the IPO. People aren’t stupid and they will not invest 1b unless you show them that they will get 10 or 20 times more which means management have to show investors that they will increase the production as well as growth on the menu.

    Let’s discuss the progress every qtr
 
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