KCN 0.32% $1.55 kingsgate consolidated limited.

Let's review what we are waiting for, in order of preference:1)...

  1. 7,004 Posts.
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    Let's review what we are waiting for, in order of preference:
    1) Fresh (higher grade) ore feed
    2) Plant 1 operational
    3) Neuva Esperanza sold, or, my preference, once we have income, either alone or partnered, turn Neuva Esperanza into a second source of income.

    The one saving grace is that gold is at record highs. The sooner we get 1) and 2) going the sooner we can pay off loans and be debt free. Surely 1) and 2) can't be more than 3 months away.

    Management, if you are listening, please keep shareholders regularly informed. Probably weekly until 1) and 2) are accomplished. Don't tell us what we want to hear, but the situation to the best of your knowledge. A good start would be to list the items in transit for Plant 1 and the carriers' estimated delivery dates. Then the process steps that need to be undertaken before Plant 1 is producing. Each process step should have the best estimate of how long it takes based on past experience or other evidence. Once management credibility is established, the share price will rise substantially.
 
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