WARNING: 2023 was a test from God before the final Kingsgate...

WARNING: 2023 was a test from God before the final Kingsgate re-opening to Kingsgate heaven:


2023 was a disaster for all us shareholders as Gold price soared...

Whilst everyone at the Chatree Festival Carnival celebrated, everyone celebrated with endless trips/ selfies , shareholders were destroyed.

Whilst the Corporate & Administration costs soared, shareholders were destroyed.

Whilst debt levels soared from Zero in 2021 (just 221 million shares on issue) today has soared to 257 million , shareholder were destroyed.

Whilst bonuses were paid, shareholders were destroyed.

Whilst Neuva Esperanza holding costs continued, whilst another $12,000,000 in owed royalties to Anglo American continued to accumulate, shareholders were destroyed.

Whilst $2,000,000 was blown on the stroke of a pen in December on the worlds worst loan , shareholders were destroyed.

Whilst the promise of Higher grades has not been fulfilled, shareholders were destroyed.

Whilst blasting fresh ore that was promised months ago but never delivered, shareholder were destroyed.

Whilst Plant #1 completion date goalposts were moved from September 2023, shareholders were destroyed.

Whilst Plant #1 completion date goalposts were then moved to Xmas, then January 30th, then end of February and Then FINALLY end of 1st Quarter have today been all missed and Shareprice destruction for the year since half opening sits at $1.22 from + $2

Shareholder destruction of Minus -40% in 2023 whilst everyone was celebrating around us....



This GOLD & SILVER rally is a gift from God that can finally reward shareholders & shareholders only !

All the fingers that we felt coming for our Pie in 2023 will only accelerate if not for you shareholders to keep the pressure on.

Our performance in 2024 must be based on LOW AISC & HIGH PRODUCTION.

We cannot allow anyone to take credit for this massive rally in Gold resulting in increased profits as they have absolutely zero influence over this..

LOW AISC ( All in sustanable costs )

HIGHER than 120,000 ounces is the only thing our performance can be judged on:

Not peoples feelings.
Not if people had a nice meeting with a Thai bank that ended up in Zero 12 months later.
Not if people attended a nice conference and felt good about themselves with positive feedback increasing dopamine levels..
Not if people attended a positive meeting with a Thai bank that then down the track resulted in ZERO.
Not if people think Nucharee's green chicken curry with fluffy rice is simply the best ! - Somebody's favorite.

LOW AISC & HIGHER than 120,000 ounces is the only thing Performance can be judged on.

Never forget the years 2011-2014 during the last bull market in Gold = Blew the Lot. The shareprice doesn't lie, the shareprice reality always tells the truth. 20 years of hard earned work, Blown in an instant from reckless spending and capital raise dilution to finance the reckless spending.





LOOKING FORWARD FOR SHAREHOLDERS TO FINALLY GET SOME PIE in 2024 !!

Increase in Gold price = MUST only mean increase in buyback to benefit shareholders
Increase in Gold price = MUST only mean increase in dividends to benefit shareholders
Increase in Silver price = MUST only mean increase in buyback to benefit shareholders
Increase in Silver price = MUST only mean increase in dividends to benefit shareholders.

Increase in Profits = MUST only mean a benefit for shareholders and not all the extra flies that flocked to this turd in 2023.

If any of the Flies from 2023 want to eat extra from Monday onwards, they can bloody well buy shares in KCN and risk there saving like all shareholders do.

Today it's increasing $1 Trillion ever 100 days.... It's almost $38 Trillion at the end of this year & exceeding $40 Trillion next year...