KCN 2.24% $1.37 kingsgate consolidated limited.

Ann: Chatree Refining Update, page-15

  1. 3,491 Posts.
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    if you have minimum knowledge about kcn then you wouldn’t bring Bowden here for discussion. It was a fire sale to save our back, we had to pay usd 75m save Chatree, pay all the entitlement to 1100 employees in Akara and another 200 in kcn and appoint our legal team which required tons of money.

    Akara is now multibillion dollars company (market doesn’t know yet as we have to crack a lot of nuts) and I think it was a decision we had to make. At present our time is different like we are making money and we will be making tons of money next year, so no need to sell NE cheap unless someone offers us premium money. Our needs aren’t like 2016 anymore.



 
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