KCN 1.61% $1.53 kingsgate consolidated limited.

Obviously if you provide information to the market you're also...

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  1. 10,839 Posts.
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    Obviously if you provide information to the market you're also providing that information to the Thai Govt negotiating team putting our two man team at a disadvantage if the market can freely work out what our FY25 profit is likely to approximate - our team might be trying to negotiate lower gold royalties for example (currently an unsustainably high rate of 20%) but would be knee-capped if the expected FY25 result was above a certain level currently expected by the Thais. And these negotiations would be currently coming to a head as they have to be complete and then signed off prior to probably mid-Sept so TAFTA can expire by 30Sept as currently proposed.
    So it's to our benefit if we don't put our guys at a disadvantage to negotiate the last of any financial sweeteners now as there won't be any more after 30Sept
    Last edited by miningnut: 23/07/24
 
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$1.53
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-0.025(1.61%)
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$1.53 $1.56 $1.53 $280.6K 182.9K

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No. Vol. Price($)
5 1817 $1.53
 

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Price($) Vol. No.
$1.53 7987 4
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