This is all gravely incorrect. This has NOTHING to do...

This is all gravely incorrect. This has NOTHING to do withTaurus. LoveGod was merely using it as an example.



Thereis no losing scenario other than, opportunity cost associated with:

1. Increasing production e.g. Plant 1
2. Increasing grade earlier
3. Using funds to increase productivity in other ways - mobile plant and equipment
4. Decreasing costs - perhaps of electricity via solar

Or with creditors, meeting payroll and or general expensesas they are due.


We are however cash flow positive already.


This entire discussion becomes about cash flow. To protectthe company from a tight spot in capital allocation we HAVE TO HAVEa credit facility. That de risks an aggressive buy back.


To think that somehow KCN is only worth $2 a share isblasphemy in my opinion. The company needs to start to buy back sharesimmediately and it must not stop until this share is North of the $5 it isworth.


This is our company, every one of us owns a piece of it and we need to get outmoney back. Without question, buying back shares is the best way to returncapital to shareholders.

Next year wewill be in PROFIT of circa AUD $10,000,000 per month.

You will seein the quarterly, that we have more than enough in the bank for therefurbishment of Plant 1 and so we need to start a small buy back immediatelyand initiate an aggressive buy back when that Thai Bank Loan opens.