KCN 4.43% $1.65 kingsgate consolidated limited.

General discussion, page-1469

  1. 1,606 Posts.
    lightbulb Created with Sketch. 1003
    Much of the arithmetic here will have been covered by experts in the litigation. The parameters for future loss would constrain the losses into the future. I am certain the board will be expertly advised on the costs, be they wages or royalties. They would have decided on the business plan before adjourning the case, hiring staff and contractors, and securing finance. They would not reopen if it were not profitable.

    The government depends on the company in its public statements. The company must be profitable to survive, the government an KCN both know this. I am sure the company's business plan will be fine and achievable. Otherwise the behaviour of both parties makes no sense.
 
watchlist Created with Sketch. Add KCN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.