KCN 2.55% $1.34 kingsgate consolidated limited.

not today....Maybe tomorrow ?Another $5,000 cash gone into Ross...

  1. 913 Posts.
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    not today....

    Maybe tomorrow ?

    Another $5,000 cash gone into Ross & Jamie's pockets though....

    Expectations V Reality :

    https://hotcopper.com.au/data/attachments/5876/5876364-87bccb2ffdd3336a1a0a5cfd1a7388d5.jpg
    To get to 27,000 at the AGM presentation means the last 4 pours in November were boomer 1,250 ounces a week.

    Expectations would be for this to continue, so another 4 x 1,250 ounces in December = 32,000 ounces for end of quarter. Excellent !sneaky.png


    Reality :

    We were averaging 770 ounces up to November 2nd.... So considering they bull$hited about finance for 2 years / opening timelines and disappoint & never meet deadlines, blame the Thai's, Blame Xmas , Blame Santa Claus, Blame everyone else except themselves, so this is why i think they are deliberately withholding production because this below is reality.

    1: We never got to 27,000 ounces at the AGM, they just exaggerated to make themselves look good and take the heat off there Bonuses at the AGM.

    2: Let's say we increased to 800 ounces a week, not the bull$hitting 1,250 ounces, so at AGM total was actually around 25,000

    3: They couldn't report officially November's because we never even reached that 27,000 ounces until mid December...

    4: If December's is 4 x 800 = 28,200 ounces for end of quarter . Dog$hit eek.png

    5:
    They Couldn't announce this either because it would mean there were only 1,200 for december ? doesn't add up does it ? fake lies would come crashing down if they did...


    Consequences if they have bullshitted to us again :

    I think whatever the percentage is below expectations then shareholders demand and IMMEDIATE paycut by the same % percentage to send a clear message that shareholders will not accept being bullshitted to ever again...

    If it's not 32,000 ounces & is anywhere near 28,200 then an IMMEDIATE 13 % Paycut. sneaky.png

    How do we recover the $ 2,000,000 aussie Stupid fee on the world's worst loan ? IMMEDIATE suspension of Bonuses for next 4 years. This will also protect shareholders if we make $100 million next year from there grubby fingers thinking they can increase there bonuses..


    Or we sit here and let them play with us ?

    If they really are Excellent Numbers, how do we recover Gymjunky's lost $6,000 since he was forced to sell at $1.25 instead of $1.50 if they had released the BOOMER record 1,250 ounces on-time after he has been the most loyal holder for 12 years ?

    Suggestions please .....

    [email protected]
    [email protected]


    Jamie has been sitting on these production numbers for over 11 days, why do you just let him keep you in the dark and do nothing about this ?
 
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