KCN 0.94% $1.58 kingsgate consolidated limited.

November production --> was it really + 5,700 ounces ????, page-126

  1. 889 Posts.
    lightbulb Created with Sketch. 2228
    Something for Ross & Jamie to think about if anyone is talking to him to remind Ross of the Man he once was !

    When was the last buyback day completed: 28/07/2021 what was our position then >

    • No mining licence to re-open
    • No Taurus funding yet
    • No operating plant
    • No almost operating plant #1
    • No gold sales revenue
    • No nothing except the fact the shares were completely undervalued and Ross was buying back up to 85c with just small amounts of money.
    • Only $9.98 million cash in the bank.

    https://hotcopper.com.au/data/attachments/5892/5892853-d6c9a439e33a4fe30f05d7eb85491447.jpg

    https://hotcopper.com.au/data/attachments/5892/5892810-5750a8b7eb6613d986e659f671207083.jpg

    https://hotcopper.com.au/data/attachments/5892/5892811-060577321988bbb55bbd13129fc06828.jpg
    https://hotcopper.com.au/data/attachments/5892/5892817-0f52bb5060a1fcc9162955800fc772e1.jpg
    https://hotcopper.com.au/data/attachments/5892/5892835-1185b78d741fe9e7bf25e294b2319c2d.jpg

    .
    .
    So where are we today ? what.png

    • fully operational Plant #2
    • increasing production & Gold revenue in November & December
    • fully operational Plant #1 ready in a matter of days
    • $14,000,000 in cash as at last quarterly
    • Settlement agreement with TAFTA almost complete
    • Sale of Neuva Esperanza Imminent
    • WE ARE 100X BETTER TODAY THAN BACK IN 2021 !!!!! what.png


    & the shareprice is still dogshit at $1.18 which is not too much higher than the 85c and what is our MGMT doing today?


    Paying $500,000 Bonus cash instead.
    Blowing money on conferences.
    Blowing money on Flights / entertainment.
    Blowing money on Chatree Festival carnival , Xmas decorations / Free lunches / Free shirts / Free hats /

    What happened ?

    Where did the good Ross The Boss Go ?

    Where did that guy with nothing back in 2021 Go who was just nibbling away nicely, using just a couple of hundred grand, nothing more was needed to slowly increase shareholder value...

    Shareholders loved the direction.

    Shareholders loved the increase in shareholder value with each and ever share bought back and cancelled ...

    Shareholders loved seeing the daily buyback announcements each morning.


    What has happened ? Why have we fallen so off track ? Is it Jamie influence ? who is it ?

    [email protected]
    [email protected]



    even the Aussie dollar Gold price was way way lower around $2,400 when they were buying back, today is $3,100 !

    https://hotcopper.com.au/data/attachments/5892/5892925-cd5512d38925a78eea6de36640f44fc1.jpg
 
watchlist Created with Sketch. Add KCN (ASX) to my watchlist
(20min delay)
Last
$1.58
Change
-0.015(0.94%)
Mkt cap ! $405.9M
Open High Low Value Volume
$1.61 $1.64 $1.57 $580.5K 364.5K

Buyers (Bids)

No. Vol. Price($)
1 9997 $1.58
 

Sellers (Offers)

Price($) Vol. No.
$1.60 5953 2
View Market Depth
Last trade - 16.10pm 05/07/2024 (20 minute delay) ?
KCN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.