KCN 7.82% $1.36 kingsgate consolidated limited.

Ann: Corporate Update, page-66

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  1. 10,846 Posts.
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    Yes let's hope the market doesn't look at our production rate of 10k ozs Au for the June quarter or the lower than low cash at bank figure even though they'll still be $16mil to collect from June production during July. The fact they're not going to provide guidance yet for FY25 is also not going to sit well with the market probably.
    But surely they'll be at least some positive words about the future - they might have to start that buyback a month earlier(August) than I'm still predicting(September) and grab themselves a bargain - it would be a really positive sign that they're confident about August production rates - but still don't think RSK will do it as he's too disciplined for that.

 
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