KCN 4.74% $1.88 kingsgate consolidated limited.

General discussion, page-196

  1. 2,429 Posts.
    lightbulb Created with Sketch. 2349
    my understanding, this is the confirmation we needed. OK from "big TU" public

    https://www.thaipbsworld.com/thai-pm-defends-goldmine-closure-concession-renewal/

    although dpim (ministries etc.) has already given their OK, in thailand "big TU" has the say, only his word counts as an official statement of the government
    Now uncle TU has given his "OK" for the gold mines / Akara company to mine again!

    Now we can move on with everything officially,
    there is no longer any reason to doubt.
    "TAFTA remaining pending" will meanwhile protect us by any "mean thoughts" some of those gov. guys may could have.

    And to solve those small "non operational topics"

    https://hotcopper.com.au/data/attachments/4099/4099665-22d2118f3dd83610fc6d263480396949.jpg

    my understanding (from the articels i read) is that Big TU wants TAFTA to be withdrawed. He wants to get rid of it, as it also affects his person, and may his pocket aswell.

    The statement from the gov. and "big TU" is clear, i mean they want to "attract most likley also other investors" aswell e.g.

    --> No more state confiscation! = no section 44 never/ ever = happy investors wink.png

    https://hotcopper.com.au/data/attachments/4099/4099652-a85e1c5d632759d2be882c5ead314466.jpg


    I expect in the recent time news from KCN:

    - Akara Thai IPO (i think we will bring the thai gov. as a part owner of Akara in, = secure sustainable business over several years > 30+y "extensions or further additions of MLs, SPLs, factory will then no longer be really a topic")
    - Funding (i think the Thai gov. will be our main funder in from of a "share holder loan" = super rates, long term loan)
    - furhter details restart of the chatree


    with the cash from the IPO we may will focus to get NE ramped up
    with that POS / POG its worth it / it a region in Chile which is known for mining / mining structures etc. already present at this region

    KCN has a bright future now "future-cash-flows" secured, means for me as a holder:
    = Dividends = Buybacks = Growth


 
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