Yes, I was referring to this bit specifically from the report:
This iniƟal shipment was delayed by Songkran, the New Year in the Buddhist calendar that takes the form of a Thai water fesƟval holiday period, and because it is the first Ɵme gold is being refined under the new Mining Act. Specifically, because Chatree spans 2 provinces, there is a “royalƟes for regions” requirement that sƟpulates both the Phichit and Phetchabun Provinces receive a percentage of royalƟes calculated on the gold and silver that is actually mined in their provinces. The stockpiled ore originated from both Provinces during the last year of mining in 2016, and as such, an equitable agreement has been reached and the issue resolved. The Department of Primary Industries and Mines (“DPIM”) has assured Kingsgate that the subsequent shipments will become rouƟne in a short period of Ɵme.
KCN Price at posting:
$1.41 Sentiment: None Disclosure: Held
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