KCN 2.55% $1.34 kingsgate consolidated limited.

November production --> was it really + 5,700 ounces ????, page-116

  1. 10,621 Posts.
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    I'm still willing to believe that they're saving up all the good news for the quarterly before going on a promotional blitz from 1Feb.
    I'm looking for the following good news in the last week of January including in the quarterly:
    1)Sale of NE for US$50mil cash.
    2)Announcement of commencement of buyback from mid-Feb from sale proceeds of NE.
    3)Declaration of unfranked dividend of 5c from sale proceeds of NE.
    4)Production in December mainly from fresh ore processed through Plant#2 at a grade of 0.66g/t or near 50% higher than the grade attained from processing the 'old' stockpiles - all production until end of Nov was from these stockpiles. Dec production higher than my estimate of 5000 ozs.
    5)Confirmation that construction of Plant#1 has been completed and that commissioning has commenced.
    That'll keep me happy.
 
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