KCN 1.30% $1.52 kingsgate consolidated limited.

Dividend Potential

  1. 2,541 Posts.
    lightbulb Created with Sketch. 2455
    Maybe a Dividend in 2024
    1. Plant 1 ready till end of 2023/ beg. 2024
    2. Both plants steady state production of 6,5 mtpa and up to 7,2 mpta or more poss.
    3. Ounces keep increasing
    4. Buybacks to bring us down… the shares on issue till first dividend (RSK is aware, and a fan of buybacks)
    5. Higher Grades (A-pit, Quartz, chatree north, east, B-extension, etc.
    6. Exploration upside (near mine like B prospect, etc. and severall pot. chatrees out-there)
    7. Life of mine increase to min. 15 years of mining, new mine plan
    8. Correct AISC… to proof again, KCN is a low cost miner in a low cost country
    9. On top: sale of NE/ Thai bank loan /
    10. 2024: some rate cuts and a POG of > 2100$ and POS: 30$

    looks like the worse is over now… … KCN is on track!
 
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