KCN 6.18% $1.29 kingsgate consolidated limited.

General discussion, page-4297

  1. 2,041 Posts.
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    Pat that is a very short sighted response.

    If you look at the political background in Thailand the last two years, you will realise that indeed plant 1 refurb conducted with onsite personnel is a decision the local Thais would like and possibly strongly encouraged.

    And of course yes, we were forced into a cap raise instead of debt because the finance approval process is not as you would assume in Thailand.

    I also would not be surprised if there is a placement (without a SPP) very soon, for extra working capital. All of us shareholders at present surely hope I am wrong with this one. This placement will let the shorters off the hook and then the SP will be allowed to run to $8 (over the next two years)
 
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