KCN 0.98% $1.55 kingsgate consolidated limited.

I think the idea will be to drill it and prove up more...

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  1. 8,623 Posts.
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    I think the idea will be to drill it and prove up more resources. They seemed to be going very well before the 2016 event.

    I haven't really studied it much, but I understand there is scope for a few more discoveries on their leases over there. Drill it up and then get a sale or a partner is one way they could do it.

    A split however would be very interesting, but I think they should give the company cash and give all the shares to current shareholders. I have seen it work before and it worked very well.
 
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