KCN 7.03% $1.37 kingsgate consolidated limited.

Ann: Kingsgate completes $46M institutional placement, page-106

  1. 3,590 Posts.
    lightbulb Created with Sketch. 907
    Let look at what you are saying,

    Low offers from Zurich USD55m VS loan from Investec aud22m, if they didn’t accept then how you are going to fund all the expenses? End results Investec appointment liquidator and sell all the assets,

    Shareholders 0.

    TDG deal wasn’t worth it but was enough to show we are funded and we can go other ways if thai decided not to negotiate.

    $46m from institutional investors overnight, what if we didn’t get it and all the lenders closed their doors and current funder appoint liquidator and sell all the assets to get their money.

    Shareholder 0.

    We still have hope and future looks bright with hiccups like other companies.

    you know Ash from trees


 
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