Hey Subi, your a nice person, we can see that, but i want to show you a couple of sayings that are very important for us today at Dog$hit $1.33 whilst Gold is souring without us.....
" The road to hell is lined with good intentions "
" Good times create weak men "
" Weak men create hard times "
EXAMPLE #1
If KCN had switched to a homeless guy Mgmt in 2011 who just said buyback stock with profits and went back to sleep on his blanket, KCN shareholder would be over $470,000,000 richer.
If KCN had switched to a homeless guy sleeping in the office, costing us a blanket, pillow, some rice and beans, would have saved us $470,000,000 and probably another few million in worthless salaries.
The decision of having a homeless man sleeping in the office instead of paying millions to Mgmt would have saved us +$470,000,000
That is shareholders reality and it's a fact.
11 years of Growth was totally destroyed in just 3 years by expensive Mgmt decisions with "compelling" thought bubbles, instead of the homeless guy who just said ; " buyback stock with profits, wake me when the Chinese takeaway arrives please Myrna.. Shareholders would be over $470,000,000 better off and never experienced the struggles of these past years...
EXAMPLE #2 Present day:
Today we are in Gold bubble #2 , with Gold at record highs and what is sneaking in again ? Ohhhh Yes $ucking CONFERENCES !, $ucking BONUSES !, $ucking presentations !, $f*ing celebrations and Chatree Festival Carnival party time all over again and shareprice has been destroyed!
After the placement when cash bank was full, what if we shipped in the homeless guy again to take charge, how much would have he saved us from being burnt in the Bonfire you ask in just 12 months ?
OMG! it's probably already approaching at least $1,500,000 burnt in the Bonfire of feeling good !
And the question is why ?
There were no Conferences in years 2019-2022 when we rocketed from 16c to $2.40 with only 221 million shares on issue ! There was only buybacks & NO $f*ING CONFERENCES EVER !!!
So what has changed ?
Ego's
Wanting to feel good about ourselves... Wanting to chit chat with subi so he's can see they are nice people... But shouldn't they be busy working and we never see there faces, we should never no if they are nice or assholes, because there performance is all that matters... KCN shareholders would rather employ a bunch of assholes that perform , rather than a bunch of beautiful people who sound great, are nice people but probably also lazy and slow and never deliver anything on time.
We are are the exact moment in time when profits are here and that's when we face the most dangerous thing for our future is have Mgmt blow it.
It's the exact moment to bring in the homeless guy to sleep in the office, give the simple order of buybacks with profits, go enjoy his sleeping for the next few years until 2028 and protect us from the Devil with Good intentions blowing us up to kingdom come !
Just like they blew KCN shareholders up to kingdom come in 2011-2015 all over again...
History always repeats if you don't listen & i promise you Jamie Gibson Never listens because after every conference in 2023 i gave him a 100% success rate notification when we fell the next Day & here we are in 2024 and he's going to even more conferences and the shareprice 100% success falling rate is still working and he's clearly still not listening...
A great speaking politician who sounds awesome will eventually burn the house down, juts like all those lefties in Europe welcoming in immigrants back in 2012 with there "Welcome banners " so they could feel good about themselves and know those immigrates are burning there houses Down and rapeing there daughters !
We must vote them 1st Strike and bring in the Homeless guy mentality to save us from destruction like 2011-2015...
KCN Price at posting:
$1.32 Sentiment: Hold Disclosure: Held
Shareholders would be over $470,000,000 better off and never experienced the struggles of these past years...
(20min delay)