KCN 0.32% $1.56 kingsgate consolidated limited.

Apart from surprise announcement on new debt... that hasn't gone...

  1. 1,216 Posts.
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    Apart from surprise announcement on new debt... that hasn't gone well with shareholder.. Half Yearly.. is old news we already knew KCN has been operating cashflow negative since production started.. I was hoping cashflow positive for Mar 24 qtr.

    But you will think with budgeting / forecasting you have rough idea how to manage cashflow.. if they CR it would be sheer incompetence. As some already alluded to we may get surprise new on long term Thai debt for working capital... if we get his news.. it resolve CR uncertainty and sp should be above $1.40
    Last edited by ecker: 19/03/24
 
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