KCN 5.48% $1.38 kingsgate consolidated limited.

Hey Miningnut, you will love this lovegod lesson for today:...

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    Hey Miningnut, you will love this lovegod lesson for today: cool.png


    LESSON : How to sneak $1,000,000 extra cash into directors pockets and hope nobody notices !

    Step #1
    Pay Yourself just a sneaky little $500,000 bonus before the end of financial year before 30th June 2023! sneaky.png

    Step #2
    Increase your base salary by an additional $500,000 around the same time starting JULY 1st 2023 which your employers(shareholders) won't find out about until a year later ! sneaky.png

    https://hotcopper.com.au/data/attachments/6495/6495524-6562fbc6c39a7397d74ec6789a119524.jpg


    So Grasshoppers, AGAIN, i ask you all to find out the EXACT Date the $500,000 Bonus was paid because if it was before the March Placement then it came from the last of the disturbing Taurus loan, or After March -> June 30th it's come just after the placement disaster Capital Raise....

    So maybe ask why Jamie Gibson refuses to give you the exact date if he has nothing to hide... " Full transparency please Mr $620,000 cash a year CEO !) eek.png

    [email protected]
    [email protected]
    [email protected]
    [email protected]


    NOTE:
    During this time period was disaster after disaster, after disaster and the shareholders always paid the price !

    Shareholders are still paying the price today @$1.36 when Gold is $2,658 ----> In 2022 we were $2.20 shareprice when Gold just $1,800 rolleyes.png

    Shareholders always paid the price whilst our lovely boardroom have been feasting on lobster and caviar from shareholders pockets !

    Ahhhhh, a sneaky $1,000,000 Extra for directors, easy work = !

    https://hotcopper.com.au/data/attachments/6495/6495557-5de2a451991ef7872267e5c761a96d3b.jpg


    Ahhhh, $1,000,000 extra Burnt on the bonfire for shareholders = shareprice destruction for shareholders from $2.10 before capital raise to $1.08 after capital raise & this $1,000,000 Extra funneled into just 2 greedy pockets means no cash for even a small buyback today ! Just like years 2011 to 2015 , $11 to 77c all over again for shareholders...

    https://hotcopper.com.au/data/attachments/6495/6495560-5ca441de4c980c6dc4aa87c7c55c813c.jpg



    and................. it's nothing knew if you don't learn from history, history just repeats itself ! Leopards never change there spots, etc, etc,etc....


    https://hotcopper.com.au/data/attachments/6495/6495580-abc776d536b37ea205e575cf266ec654.jpg


    This bit below is funny when you consider today, 6 years later, all he did was get his lapdog Jamie and his favorite 70yr old Green Chicken Curry & fluffy rice Thai Chef Nucharee 12% loanshark ( who spent 30yrs as a secretary & corner shop owner and inherited lotus hall from her deceased elderly Aussie 2nd husband ) on the board since 2018..eek.png

    https://hotcopper.com.au/data/attachments/6495/6495583-51b81e4fccd9c7188cd3c7b6620239d5.jpg


    Maybe some of you who attended last years AGM won't be clapping like idiot little penguins again at this years AGM ?

    I wonder if they will fly in little Miss Cherry Thai Mascot all the way from Thailand to do another photo shoot to distract all the elderly Male shareholders again from confronting them on the bonuses like they did last year ??.... tongue.png
 
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