KCN 0.00% $1.36 kingsgate consolidated limited.

Ann: Green Light for Plant 1 at the Chatree Gold Mine, page-8

  1. 660 Posts.
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    Excellent!

    This will give us at least a month ( June) of full production before year end and continues building the momentum in the SP.
    This will be good for cash flow, profit and the qualification ( material uncertainty about going concern) in the financial statements.
    It should also further alleviate the remaining concern about a CR and enable rollover / renegotiation of the THB loan.

    Should give a good boost to the SP and a kicker / upswing to the recent weakness and make the $2.00 milestone reachable in the short term.

    Wazz
 
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