KCN 0.57% $1.77 kingsgate consolidated limited.

Oh yes we are still Dog$hit today..We were $2.10 over 12 months...

  1. 865 Posts.
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    Oh yes we are still Dog$hit today..

    We were $2.10 over 12 months ago with much less shares on issue, when Gold price was MINUS -25% lower..

    We were $11 & a billion dollar Company when AU Gold Maxed out at $1,900 in 2011 before Gambling chairman of the Australian Jockey club Ross the Boss blew the lot..

    Blew the lot of acquisitions, Blew the lot on Diluting Capital raises to pay for Dog$hit Neuva Esperanza and shareholders have been paying the price ever since.. We still pay the price today with ridiculous holding costs and $12,000,000 still owed to Anglo American.

    So for any of you thinking we should JV Neuva Esperanza or develop it, i suggest you take a history lesson and walk down memory lane to realize any bright ideas Ross get's ends in total and utter disaster.....( Look at shareprice from 2011 -2014 and read the announcements during this timeperiod )

    Buybacks and Dividends is where Free cashflow goes...what.png

    If not, you might as well join Ross the former chairman of the Australian Jockey club & Randwick racecouse on the weekend and blow the lot...

    Just Say NO

    Just say NO to a Gambler & Politician Jamie wanting to gamble other peoples money.

    So at $1.50 when Gymjunky paid $6 back in 2009 when Gold was half price , it's fair to say we are still dog$hit eek.png

    Ohhh well, today as we cross $1.50 placement price we have totally blown the opportunity to do a small reduction in placement dilution below placement price in favor of Bonuses and word conference safari in 2023..... Ohhh dear, we could have easily bought back and cancelled Taurus $2 future dilution at a lovely profit instead of burning it in the Conference & Chatree festival Carnival Fire..redface.png


 
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$1.77
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Last trade - 16.10pm 06/06/2024 (20 minute delay) ?
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