Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-60

Gold is near all time highs. If you really think a higher gold price will fix this, then I would consider getting out because it is far more likely (a) the gold price will fall below $1800 this year and (b) there will be hiccups with mining operations which we have yet to properly see, so God forbid what happens to the shareprice when that announcement comes out

What probably needs to happen is for RSK to bow out. There are too many question marks from insto investors around his capability to carry KCN forward, and he doesn't do himself any favours with his rather unprofessional conduct. There is a general belief/acceptance that he treats shareholders with contempt, despite not increasing his own shareholding for some time. The stuff ups with the AGM/Akara numbers is embarrassing as well (and I can see basic errors in today's 5C, so expect a correction announcement soon)

He did an admirable job up to the TAFTA decision, but the list of shareholder gripes with KCN is probably enough for him to call time. He won't unfortunately, hence why I exited the majority of my holding in December