KCN 4.36% $1.54 kingsgate consolidated limited.

Mine Closure

  1. 88 Posts.
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    Hi Guys,

    I've been a holder for over 4 years now and have watched this thing continue to plummet and have followed them carefully.

    One minor point here that I think is pivotal to the whole Chatree thing is this :

    Was the mining licence revoked or simply not renewed ?

    Makes a big difference in my mind. If it was revoked then many of the Kingsgate assertions stick and the whole TAFTA compensation / insurance thing has legs.

    On the other hand, if the Junta simply did not renew the licence are they within their power to do so.

    OR - am I completely missing the point.

    For discussion please - interested to hear people's take on this point.
 
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