KCN 0.57% $1.77 kingsgate consolidated limited.

Ok Grasshoppers, another annoying reality check this...

  1. 865 Posts.
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    Ok Grasshoppers, another annoying reality check this morning...

    There is no doubt we all love the pictures, We love KCN, We love love love, but the reality is we need to compare ourselves with my African lady TIE again....

    AGAIN, TIE puts out production figures nice and early, nice and clear, no bull$hit, no excuses, no delays.what.png

    https://hotcopper.com.au/data/attachments/6086/6086202-e2fda0244d2855a80dec9f96117950eb.jpg
    https://hotcopper.com.au/data/attachments/6086/6086225-d002fb7317ff1331a6baa3b264093610.jpg


    TIE on track for 150,000 ounces @ AISC below $1,300 ------> Market cap $700,000,000

    KCN on track for ??? 80,000 ounces @ AISC ??????????? ----> Market cap $350,000,000


    So, yes we are cheap, but we deserve to be cheap... TIE is cleaner with no STD's , loves to just go about her business cleaning & baking & never causing any dramas.

    So unless our costs are reduced, politicians heads pulled in, Flights / Trips cancelled, employees not wasting time at conferences, then we will struggle to ever get to 80% of TIE value , which is $2.15

    Let's help us improve..

    Stop wasting money.

    Start keeping shareholders better informed like Cowbell just did for us.

    Stop celebrating before victory.

    Start Behaving like the Nice Efficient on-time and punctual African Lady & tell the drama queen Thai lady we will always be undervalued until she starts buying back the stock from the placement sellers that hate us & correct her mistakes and failures of the past.......sneaky.png

 
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