KCN 1.25% $1.62 kingsgate consolidated limited.

Ann: Green Light for Plant 1 at the Chatree Gold Mine, page-144

  1. 3,356 Posts.
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    disagree with your statement that our business depends on plant 1. Plant 2 were making profit with 0.40g/t but suffering losses because of plant 1 refub and mining initial costs. look at the past quarterly reports and exclude those expenses then you will see what I am talking about.

    Current situation

    Plant 2 will be running 0.8g/t (itself increased the profit margin doubled)

    Plant 1 isn’t sucking costs anymore rather generating profits and administrative and mining costs will normalise between both plants. Ticks ticks (ticking all the boxes) kcn is star


 
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