KINGSGATE CONSOLIDATED LIMITED. (ASX:KCN) - BUYBACK 50% of stock approval at AGM - Awesome!, 73741597, page-44 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

Originally posted by LoveGod: ↑

Ok Grasshoppers, the Lovegod is happy about this 50% buyback & our direction into 2024, so i'll try and make you happy too..

Back in 2018 when i started buying KCN it was trading EXACTLY like it is today...

Unloved, Asleep , no interest whatsoever.... (The hardest thing to do is to BUY when you don't want to Buy.. )

At $2.05 in March with first Gold pour excitement i bet your heart didn't want to let go of 1 share. I couldn't bare to sell 1 share.

Here you go, i just took a trip down memory lane today to remember how the market was behaving back then because of today familiarity.

Nibble nibble everyday, there are more and more and more pages but i think you get the message..

On and on & on for years !! then $ucking delay after delay after court case after Covid delay, Hong Kong riots delay, like a God damn curse !

Hence after 5 years through all this pain & Suffering you must excuse my recent annoyance when i see the Chatree mine enjoy festival carnival each day with shareholder money & a 30 yr veteran Thai secretary like Nucharee Gifted a spot on the board and she never thought in her entire lifetime to ever buy 1 KCN share and show some shareholder support / spirit over the past 23 years!!!!

Spare a thought for anyone who bought KCN back in 2012 that have given themselves an extra 8 years of suffering more than me !! eg: Gymjunky who's like 64 yrs old and been a KCN shareholder for +15 years !

The point i want to make is i'm angry and frustrated, ( more with people not supporting shareholders like they should recently), but this shareprice action with no interest and little volume is actually very nice.... The big sellers have finished & all that's left is the rat's and mice which will scamper away on day one of the buyback starting.

It wont be long to wait, especially if Ross the Cookie Monster sells his $50,000,000 Cremorne, Sydney Harbour Mansion at the top of the property market and moves into a camper van to become #1 shareholder , but he might be too chicken the old guy. All bark & no spark !

" We are closer today to Kingsgate heaven than we have ever been ! Aussie Dollar Gold price still up at all time highs ! "

"Whilst the World crumbles, only those safely inside the kingsgate castle shall prosper " --- we have the crumbling already.

Expand

Just some fun this morning whilst we all grow another day older and June 2024 comes another day closer !

Let's look into the future , as it's been 476 day's since plant #2 was finished in January 2023 & we celebrate 0.4 gpt waste processing record!

The Year is 2028:

Neuva Esperanza holding costs have crossed the +$200,000,000 accumulated dollar mark for the biggest waste of money in human history ! ---> The sale is still imminant, well advanced, multiple interested parties, site visits completed 5 years ago in August 2023 !

Plant #1 approval is still very close ---> Approval is imminent, just waiting on the Thai's who have another new government !!

Employees celebrate the opening of the BMX Track with another bonus !

TAFTA has been delayed until year 2035 --> But they are thinking of giving us $50 cash compensation and fried rice voucher to Chicken treat Bangkok! Negotiations are progressing well !

Our 8 year Tax holiday still has 1 year remaining --> But we should make our first profit sometime in the twenty first century around 2035 once the new Tonka Trucks have been paid off..

BUT WAIT !! there is even more things to be excited about !!

WOMAN IN MINING CONFERENCE IS ONLY A FEW SLEEPS AWAY !!! WHO's EXCITED as much as me !!

ALERT ALERT !!!! If you book early you can save yourself $600 !!!

That's the deal of the century !! There is still time to get this unbelievable savings !! The cost has fallen from $5,000 a ticket to $4,400

Anybody making the trip ?

It's over two day's and nights so would be a great time off work !

Did anyone find out if us shareholders are paying for this trip , or do all these presenters who are so interested in driving diversity and woke issues take annual leave to attend and are donating there time for such a wonderful event that they feel so passionate about and is close to there hearts ?