15 months of progress/turmoil

Since announcing the Challenger takeover, the share price has come down from the 12 dollar mark to under 6. We have gone from being owners of a single well performing asset to being owners of one asset mired in regulatory issues, one turnaround asset, and two early development assets.

We now have more or less the same management who developed a single asset in a country they knew very well, handling four projects on three continents.

We are either standing on the same cusp, as we have been some time, of KCN taking off like a rocket with all activities firing together. Or, we stand on the same cusp for another 6-12 months?

I suspect a takeover would be impractical with the complexities of the Thai situation, and if any major wanted the other assets they could have bid before or at the same time as KCN, no saviour there.

Although I continue to add to holdings as the price falls, the time in Gulag wears on me, would appreciate some positive outlook.

Al.