KCN 1.21% $1.68 kingsgate consolidated limited.

beware downrampers ..., page-2

  1. 24,765 Posts.
    I have slightly reworded my post as there is no edit function provided by Hot Copper.

    ==================

    All the facts point to us being so close now to the Chatree North mining leases being granted, the last thing we want to do now is to be panicked out by any posts indicating the poster does not have a correct grasp of facts as released to the ASX imo or of statements encouraging foreign investment made by key Thai Government political figures.

    Why would Geo ignore facts that have recently been released to the ASX by KCN such as the Chatree North mining permit now being "fast tracked" and start a thread with the header "6 weeks to shutdown" which is factually incorrect based on information released to the ASX by KCN?

    Firstly:

    "Importantly, Ministerial approval has been given for all necessary Forestry permits to allow mining in Forestry areas at Chatree North. With this approval, the Department of Primary Industries and Mines (DPIM) can complete the mining lease permitting process prior to the final granting by the Minister of Industry. The DPIM has commented that they will be supportive of fast tracking the final issuing of the mining lease applications with the Forestry approvals in place."

    The above from KCN's March quarterly released to the ASX on 30th. April.

    2. "Currently, ore feed from the granted mining leases will only be available for one or two months beyond the end of this financial year."

    The above from KCN's March quarterly released to the ASX on 30th. April.

    NOTE Geo: Two months after June 30 = about 14 weeks, NOT 6 from today.
 
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