KCN 5.48% $1.38 kingsgate consolidated limited.

Is Kingsgate (KCN) a Prime M&A Target?, page-53

  1. 184 Posts.
    lightbulb Created with Sketch. 308
    Except they have consistently over promised and under delivered.

    One must expect disappointment.

    Poor new bottom like financial incentives from settlement.
    Longer and convoluted dealing with NE.
    No actual direction stated, no time frames, just nebulous comments that muddle the water.

    Minimal funds for buy back
    Maximum funds for flights, conferences, management bonuses, parking spaces, gold seminar's, executive pay increases and on and on...
    Maximum funds to look for a new project that we can not afford.

    No funds for increasing silver recovery
    No funds for CEO that is competent.

    Expect share price disappointment as ROSS has lost the power, he had by hiring a competent CFO.

    Expect them to underperform.

    Woodfr0mTrees
 
watchlist Created with Sketch. Add KCN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.