Bought my last little parcel of KCN today. The current price must have priced in the closure of the Chatree mine--if not fully, it would be very close.
How much lower will it get, if we are told this week that it would be closed permanently?
On the flip side, how high would the price shoot up if we are told there is going to be some compromise?
As most of the cabinet are military men, they are used to giving orders and not justify their decisions to anyone.
They do not need to meet KCN as they had already issued their 'decrees' some time ago.
Hence, to ask for a meeting tells me the likelihood of a negotiation or compromise of some sort.
Just my thoughts.
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1 | 1930 | 1.565 |
1 | 1930 | 1.560 |
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