KCN 1.18% $1.26 kingsgate consolidated limited.

MOST IMPORTANT : Plant #2 capable of 4 mtpa, page-4

  1. 3,823 Posts.
    lightbulb Created with Sketch. 651
    imagine if

    1. the gold price holds up
    2. there is a bull market for gold producers (that's KCN in a week or two!)
    3. The commissioning of plant 2 goes swimmingly
    4. a big, fat loan at great rates from a Thai bank is announced that allows us to pay back our short-term loans, provide funds to refurbish plant 1 and includes some spare cash to go exploring
    5. the pile of low grade ore waiting to be processed turns out to be higher grade than thought
    6. the Thai govt gives us not just an 8 year company tax holiday, but an 11 year one
    7. the Thai govt announces a far more reasonable gold royalty tax
    8 a buyer for Neuva Esperanza turns up and offers a great price
    9.funds start buying shares on market because they finally see KCN as a low-cost, bargain-priced gold producer, and not a risky litigation dispute play
    10. some brokers started following KCN and touting its delights to their clients.
    11. Ross and Jamie went on an extensive road show, not to raise capital but to tell the world about KCN's charms
    12. an updated resource and reserve estimate came in, taking into account the better economics, and perhaps including as well some stunning early drilling exploration results


    ….

    I suspect a possible KCN upward spiral is about to begin!
 
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Last
$1.26
Change
-0.015(1.18%)
Mkt cap ! $324.7M
Open High Low Value Volume
$1.29 $1.29 $1.24 $730.6K 579.6K

Buyers (Bids)

No. Vol. Price($)
1 2051 $1.25
 

Sellers (Offers)

Price($) Vol. No.
$1.27 9999 1
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Last trade - 16.10pm 05/09/2024 (20 minute delay) ?
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