KCN 2.56% $1.60 kingsgate consolidated limited.

Ann: Green Light for Plant 1 at the Chatree Gold Mine, page-55

  1. 10,432 Posts.
    lightbulb Created with Sketch. 2049
    Updating monthly and weekly cashflow schedules after approval and start of commissioning statements for Plant#1 together with latest bullion prices.
    Note the duck-egg in the cash at bank figure at the end of April - it suggests they're currently operating on the 'smell of an oily rag' but I'd be 99.5% sure that they'll announce they've obtained a one billion baht(A$41mil) working capital facility from Bangkok Bank before the end of this coming week that will also produce the first gold pour from Plant#1.
    https://hotcopper.com.au/data/attachments/6164/6164628-82e3e53a241eafcb9b625ad62fb5e218.jpg
    https://hotcopper.com.au/data/attachments/6164/6164634-b09741cb8b7bd3f01a409c1eb0462b4a.jpg

    Last edited by miningnut: 12/05/24
 
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