What is actually wrong with you? Maybe re read what I have...

What is actually wrong with you? Maybe re read what I have wrote.

I have just stated that Woodfromtrees is actually correct. The fact they did not have an income in that 7 years was part of them problem that caused the SP to be $0.135.

Had they not wasted hundreds of million's and been better at their expansion and disposal of assets this share would still be $5. But their catastrophic decisions created this current opportunity.

I have also stated I am concerned that because they CAN NOT sell the NE asset which is actually a massive liability, they will want to develop it. They have just mentioned they might be looking at a JV and I am 100% apposed to this. It is a bad idea. It is a VERY BAD idea.

Further to this, I have also stated that if they absolutely have to. It is better to expand the Chatree mine for many reasons. However, this too is a BAD IDEA.

The best thing this company can do is to

Sell NE or give it away and buy back shares.
Mine for 2 or 3 years and buy back shares.
Sell the Chatree Mine

Close Kingsgate Consolidated and return ALL OF THE CAPITAL to SHAREHOLDERS