KCN 1.67% $1.47 kingsgate consolidated limited.

FY25 P&L Predictions, page-87

  1. 1,545 Posts.
    lightbulb Created with Sketch. 295
    that’s crap. I say it again , brokers want fees. CEOs want more assets, leads to bigger salaries. They know kcn’s history. They probably think these guys will buy anything.

    honestly - grow the asset they have, that is the surest way to increase oz.

    I’ve had experience with this before, CEO’s and finance directors buying overpriced assets. They wright up a company mission statement , “ goal to be a mid tier miner” something like that and then go and buy something so they tick of a kpi. Dickheads with no strategic capability, hiding behind a title.

    in 5 years they can build another mill and tap into the 30 year mine life.
 
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$1.47
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2 15016 $1.46
 

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$1.49 12136 3
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