KCN 3.70% $1.82 kingsgate consolidated limited.

Ann: Finance Update, page-19

  1. 1,551 Posts.
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    Is it enough? I believe so, but I haven't made a specific inquiry. They generally haven't been well disposed to borrow, and I assume if more cash was required it would be a different kind of loan. As I understand it CHN is on the money in saying:

    "Having the money to get it all done quickly is worth the cost of this finance.

    Getting more gold out of the ground more quickly will produce a huge increase in income and profit.

    The cost of this small bridging loan is peanuts compared to what it is facilitating.

    Merry Xmas everyone

    Could be a very happy new year indeed."
    https://hotcopper.com.au/posts/71596343/single

    If both plants are up and running next year, the company will make plenty of money and will not need any loans, whether inside or outside the boardroom.
 
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