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Thaksin was PM when Akara was awared the mining licence at...

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Bayhunter

2,115 Posts.

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09/09/24

19:16

Post #: 75597903
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Originally posted by Gravitywave: ↑

I firmly believe that any increase in production output will only slightly affect prices. However, we must confront the significant issue: Thailand. The country does not inspire confidence in potential investors due to a history of military coups, spills, and corruption dating back to 1945. Assessing sovereign risk is particularly challenging in Thailand, considering its frequent governmental changes.

Thaksin Shinawatra was tried in absentia, escaped imprisonment, and lived in Dubai, only to return to Thailand after fifteen years with his daughter leading the party. His removal was due to allegations of corruption, money laundering, abuse of power, and disrespect for the Monarchy.Would you consider doing business in such a country? Under the current leadership of Paetongtam, who is seen as her father Thaksin's proxy, it's likely that the Thailand-Australia Free Trade Agreement (TAFTA) would be disregarded.

Thaksin's influence suggests a reluctance to allocate Thai funds to foreign entities like KCN. While in the US, ratified laws are final, Thailand's legal treatment of past cases under different regimes remains ambiguous, making it an enigmatic prospect for conformity to international standards.

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Thaksin was PM when Akara was awared the mining licence at Chatree, I dont think the political situation has got any worse for Akara with his daughter as PM now.

KCN Price at posting: $1.25 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $1.47		Change 0.090(6.52%)		Mkt cap ! $378.8M

Open	High	Low	Value	Volume
$1.41	$1.48	$1.40	$1.121M	773.4K

Buyers (Bids)

No.	Vol.	Price($)
1	549	$1.47

Sellers (Offers)

Price($)	Vol.	No.
$1.48	903	2

View Market Depth

No.	Vol.	Price($)
1	1350	1.450
1	1000	1.370
1	5000	1.360
6	52396	1.350
1	749	1.335

Price($)	Vol.	No.
1.480	903	2
1.490	4929	3
1.495	7500	1
1.500	5739	2
1.550	2580	1

Last trade - 16.10pm 11/10/2024 (20 minute delay)

KCN (ASX) Chart

Thaksin was PM when Akara was awared the mining licence at...

Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

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Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

Tigers Realm's US$49M sale of Russian assets – to a Kremlin-adjacent billionaire – set to go ahead

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Defence MOU for propulsion systems pushes Aurora Lab shares higher

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Cauldron Energy reports "excellent" uranium assays in latest drill run

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Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Thaksin was PM when Akara was awared the mining licence at...

Top Stories

Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

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The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

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Buyers (Bids)

Sellers (Offers)

Featured News