Ann: Thailand Update, page-180

Next week this stock will be $2 plus easy

“With the future operating certainty and exploration upside that could flow from a settlement on these terms, a successful re-start of the Chatree Gold Mine combined with the sustained rise in both the gold and silver prices could give Kingsgate significant optionality with the asset, and a path forward which may include continuing operations, selling the asset or listing Akara Resources on the Thai Stock Exchange.”
Don’t underestimate the above this is a big hint the direction this is heading


And this
“While there can be no guarantee that a negotiated settlement will be reached, Kingsgate is comforted by its recent engagement with the Thai Government, and Kingsgate maintains it has excellent prospects of a successful arbitral outcome if these negotiations do not successfully conclude.”
they both have agreed to delay the outcome from Singapore ( I believe this will never be released to the public , could be $2b plus some have said $750m , )
Best outcome for KCN and the Thai people is to share the wealth with what can come out of this gold mine , I believe the LOM is much much more then 20years(at Curren prices as indicated by the board) with full access to the tenants LOM could be 40?50 years pumping out 200-300k ounces of gold , this is why I think IPO on the Thai bourse will be the deal maker
Yes it’s speculation on my behalf

However there is no question what the asset is capable off , this so called negotiations has been on going for about 5 years , and like anything will have a ending , it looks like from the announcement in February and now this one (which I have read again and again to maintain my convictions) a settlement is more likely now then ever before

GLTAH
(Excuse the rough grammar, typed on iPhone )