KCN 4.69% $1.34 kingsgate consolidated limited.

Nice Jump back to life, page-9

  1. 1,234 Posts.
    lightbulb Created with Sketch. 1664
    off the top of my head, maybe 12 mths ago, most of us believed he was just spruking again.
    I guess when you get these substantial upgrades in a resource, at the end of the day it still comes down to can you get it out of the ground at an economical cost and how much is it worth.
    So Smyths game changer as far as I can see can't be got currently for an economical cost and no one is paying a price that would give you a worthwhile profit.
    Plus after all these years, the fool still has the company in debt, even thou he did a big cap raising, which I might add destroyed the value of the shares.
 
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