KCN 13.0% $1.79 kingsgate consolidated limited.

General discussion, page-4

  1. 2,394 Posts.
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    Maybe just the benefits smile.png
    may a few long-time "holders" have an opinion to the benefits
    For me its sound great


    1. The Company will be allowed to resume mining on the same area or "Chatree Field" which has 1 remaining plots out of a total of 5 plots, an area of 1,259 rai and in the "North Chatree Field" which has 8 remaining plots out of a total of 9. plots, covering an area of 2,466 rai, including the extension of the concession certificate for the Chatree field, which expired in 2020, or extending the concession certificate for the Chatree field for another 10-20 years; It has been mining for many years from the Head of the NCPO Order No. 72/2016, which ordered all gold mining since January 1, 2017.

    2. The company will be permitted to mine in the new area other than Clause 1 which is an application for a concession that has been pending for many years.According to information at Kingsgate Co., Ltd. Previously announced to disallowed of Australia It was found that such a new area was "Suan Suwan", which is 6-10 kilometers north of Chatree field, occupies an area of approximately 20 square kilometers, or about 12,500 rai, is expected to be in Wang Prong Subdistrict, Noen Maprang District, Phitsanulok Province, and "Sam Chok" D" is located 20 kilometers north of "Chatri Field" on an area of approximately 18,750 rai, is expected to be in the districts of Ban Mung Subdistrict and Wang Ya Subdistrict, Noen Maprang District, Phitsanulok Province, where gold deposits are deposited onto Areas inside and outside the Thung Salaeng Luang National Park and the Wang Thong Basin Forest National Reserved Forest on the left bank

    3. Will be extended or renewed various licenses related to gold mining under the Chatree and North Chatree concession certificates, such as a metallurgy license Permit to establish a place for storing turbid water or sandy soil outside the mining area, etc., which is considered It also allowed the metallurgical plant to triple its gold smelting from 8,000 tonnes per day to 24,000 tonnes per day, even though the plant was built prior to the permit and before the impacts were reported. Environmental and Health (EHIA) will be approved. which is now a case in the Supreme Administrative Court The Administrative Court of First Instance has ordered the extension metallurgical plant not to operate.

    4. The company will receive a reduction in mineral royalties.Special benefits that must be given to the Department of Primary Industries and Mines (Kor Por Kor.) upon obtaining a concession certificate and upon receiving other taxes of other business operations and metallurgical gold mining5. Bring Akara Company Limited to the Thai Stock Exchange without having to follow additional legal procedures.

    5. Bring Akara Company Limited to the Thai Stock Exchange without having to follow additional legal procedures.

    6. The company will receive a special license to explore gold ore of not less than 1 million rai, which the network of mineral owners has information that Kingsgate Company Limited has received licenses for 44 plots with an area of approximately 4 hundred thousand rai in e. Phetchabun According to the mineral committee resolution on October 16, 2020, the other 6 hundred thousand plots are located in the border area of 3 provinces Phichit, Phetchabun and Phitsanulok.and other areas in Lop Buri, Chonburi and Chanthaburi

    7. Kingsgate Co., Ltd. will be allowed to transport gold and silver outstanding in the former production system before being suspended by the Head of the NCPO Order No. 72/2016 to enter the gold and silver smelting process in Domestic smelter since Sept. 2020
 
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