KCN 0.74% $1.37 kingsgate consolidated limited.

If management buy back some 50% shares like they promised and in...

  1. 3,657 Posts.
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    If management buy back some 50% shares like they promised and in 12 months time our assets value goes over 2b then we will have SP between $13 to $16 (approximately) which is over 10X. Not saying that will happen unless we see some action from management.

    At this point we want them following
    1. start mining
    2. start plant 1
    3. Get rid loan (3 months should be enough)
    4. Mad exploration to increase reserves and resources
    5 pay some dividends and mini buy back (6 months should be enough)
    6. Sell NE (only if we receive generous offers ) and return the money to shareholders or buy back shares
    7. Market cap $2-3b then do IPO and return the money to holders (two years should be ok).


 
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