KCN 5.04% $1.46 kingsgate consolidated limited.

I am normally tolerant of your posts because you bring good...

  1. 171 Posts.
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    I am normally tolerant of your posts because you bring good information that would otherwise be buried.
    Have you ever run a business? Have you ever done risk based cash flow analysis?

    if they were to start buy-back and something was to come 'left field'.. like Plant 2 was to break down for 3 weeks and long lead time parts weren't available, and this caused a major cash flow issue to pay wages, keep rehab works up on plant 1, to pay for fuel to transport ore (just a couple of examples) there would be blue murder screamed from the roof tops about fiscal management.

    I for one am patient, understand we don't know everything that goes on, on a daily basis and will celebrate when buy-backs occur when we are in a strong financial position to do so.

    Why aren't you buying up every spare share? Probably for the same reason. Cash in - cash out.
 
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