KCN 3.41% $1.28 kingsgate consolidated limited.

The timing was interesting for our guy to invite the media along...

  1. 10,637 Posts.
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    The timing was interesting for our guy to invite the media along and to give a press conference at the plant - it would be hopeful to read 'imminent settlement' into it but that would be great. 'Super Pit' approval and gold rate royalty relief and for that we'll let TAFTA expire - happy for that to happen by Wednesday - it might save 30% of August royalty or maybe A$2.50mil.
    Adjusted my gold royalty rate from 20% down to 15% to reconcile with both our guys statement of Akara paying 'more than 500mil baht in royalty since the beginning of our resumed operations in Mar23 to mid-Jul24' and confirmed by @danbradster
    https://hotcopper.com.au/data/attachments/6344/6344599-980988363c569bc5efd076327d216e56.jpg

 
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