KCN 3.27% $1.63 kingsgate consolidated limited.

Ann: Kingsgate Financing Update, page-104

  1. 10,562 Posts.
    lightbulb Created with Sketch. 2139
    I don't think the quarterly will be insignificant - maybe the backward-looking Apr-Jun production figure and the cash at bank figure at 30Jun could be labelled as insignificant but surely updated news on commissioning and ramp-up of plant#1 will be important together with confirmation that the fresh ore grading 0.75g/t is being fed to both plants and hopefully an updated throughput figure for plant#1 and maybe an indication that the higher grade ore from A Pit West is about to be fed into the plants following completion of commissioning of plant#1 and as part of its short ramp-up period to full production.
    Hopefully the bulk of posters here won't be scared out of this stock by a couple of posters saying they're intending to dump their stock shortly as they're fed up with waiting for the 'rivers of gold' to eventuate.
    My monthly cashflow schedule still has the current half year gold/silver receipts at A$200mil and that's after lower receipts in Jul/Aug due to lower production in Jun/Jul.
    https://hotcopper.com.au/data/attachments/6323/6323652-e36d55d3ad01e72fddd066137053f7af.jpg
    https://hotcopper.com.au/data/attachments/6323/6323655-af798b548f24908c8f9d715a1df02b2c.jpg


 
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