KCN 0.00% $1.36 kingsgate consolidated limited.

Ok Grasshoppers...... I've got something that will make your...

  1. 998 Posts.
    lightbulb Created with Sketch. 2560
    Ok Grasshoppers...... I've got something that will make your day..smile.png

    So..... Rising interest rates are bad for Gold because people can then choose to get 5% interest on there cash where Gold doesn't pay dividends.. So the Gold price holding these past 2 years has been against a full blown HEADWIND and actually been great just going sideways ! rolleyes.png

    So..... What happens when this HEADWIND stops and turns into a Tailwind for our Gold ship to sail downwind under spinnaker ? sneaky.png

    BOOM !eek.png

    We then enter the BEST Environment possible for Gold ever ! It's very clear ! When interest rates start falling, GOLD STARTS RALLYING ! eek.png

    https://hotcopper.com.au/data/attachments/5762/5762449-429d2ee415718569f362790d29fe6ffa.jpg


    You want more ? The lovegod will deliver you more than you can handle ! sneaky.png

    https://hotcopper.com.au/data/attachments/5762/5762461-bf9c7a9aa7f5da4b40d3d85d4b731091.jpg


    You want More,, i'll give you more ! Don't forget our little friend today, that never goes away ! The USA debt explosion is almost at $34 TRILLION today...

    https://hotcopper.com.au/data/attachments/5762/5762470-e01ee2911009c4fbf9d162e0c8b4b009.jpg

    It's very simple, when US debt reaches $38 TRILLION next year, US$ GOLD price will be +$2,200 according to this chart that has been 100% accurate for the past 50 years !!!! cool.png

    https://hotcopper.com.au/data/attachments/5762/5762477-b33731934a8fad32485455c87537ecac.jpg



    So 2024 is very clear:

    1: Both plants running above +5.5- 6 million tonnes per /annum.
    2: If they process anything around 0.85-0.9 gpt we meet 120,000 ounces Forecasts..
    3: if they find anything around 1 gpt we exceed Forecasts.
    4: For every $100 rally in US$gold price above $2,000 increases our potential dividend by 5c per share to 35c, 40c, 45c
    5: A 30c dividend will only cost them $77 million to pay --- Piece of Cake at theses gold prices when we should be making + $120,000,000 next year.
    6: They simply buyback stock and pay dividends at the same time with profits.

    7: Ross & Jamies' ego's need to be kept on a leash ! That's my biggest concern eek.png Keep there bonus fingers out of the cookie jar, Keep Jamie locked to his desk and away from a selfie camera & Keep Ross away from Nucharee's Green chicken curry & Fluffy rice !
 
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