This is a HUGE problem. It is literally our biggest issue by a country mile.
on the 16th March 2023 - in the - Half Yearly Report and Accounts
" In addition, Kingsgate is finalising a term sheet with a syndicate of Thai Banks for a working capital facility of US$15-20 million to provide funding for the refurbishment of Plant #1 and general working capital. The Thai Bank syndicate are also considering the provision of a Project Facility of circa US$15-20 million. "
This was 4 months ago.
So how long have they been talking before this. Do a loan take the better part of a year to achieve?
It is unacceptable that we do not have finance.
KCN Price at posting:
$1.45 Sentiment: Buy Disclosure: Held
