That content was terrible! There is nothing exciting in those slides to compete with all the other exciting stories being presented at diggers and dealers.
it is not cheap to present at diggers and dealers and I can’t see any funds or high-net-worth investors falling over themselves to buy into this current KCN story.
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one big bugbear I have with KCN's updates is they love to mention the current liquid assets…cash and dore, etc, but they never mention the current payables, i.e. bills that need to be paid pronto. It will be interesting to see the current payables figure in the half-yearly report.
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and how come Jamie was swearing on that pile of bibles at the Sydney mining club that KCN would be producing 25,000 oz of gold in the June quarter (which sadly ended up being about 9500 ozs) and he is not even mentioning forecast ozs for the upcoming September quarter?
What ever happened to that rich pod of high-grade gold they found and were going to pour through the processing plants to get themselves some quick cashflow?
I really believe the best assets KCN could buy right now would be a new top-notch CEO and executive chairman…Jamie and Ross have failed to make any magic happen here.
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