KCN 3.27% $1.63 kingsgate consolidated limited.

You have to wonder whether Taurus just wanted to screw us for...

  1. 5,509 Posts.
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    You have to wonder whether Taurus just wanted to screw us for all they could or whether they weren't happy with the political situation in Thailand. I'm glad we paid them off immediately from cap raise funds. Their terms were too onerous. Yes, it's disappointing a Thai Bank loan hasn't been forthcoming as of yet. I'm still hopeful that once the government stabilises we can make it happen. Same with NE sale. Things would have been so different if that had gone through. Can we really blame management for this though? Maybe. I don't know tbh. Either way, there's still a possibility of a sale going through and still the possibility of a Thai Bank loan. In the meantime things appear to be humming along on the production front and with plant 1 refurb. Biggest risk is if there's a breakdown on plant 2, which is probably why the market is so nervous. I can't see much going wrong while just running through stockpiles though.
 
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