Our Mgmt want to be compared to peers ! Let's give it to them.

Jamie on his call wanted himself & Ross to be compared to Peers !

EXCELLENT ! LET'S GIVE THEM WHAT THEY WANT !!

CMM is our Australian peer !

The 2024 Performance bar is know set as follows, anything less is failure when comparing ourselves to PEERS ! No thought of a bonus ever again until we reach PEER PERFORMANCE below:

Anything less is total failure & AISC is the only measurement of Management performance that matters... No likes on Linkedin, no handshakes with royalty, No selfies with the King, just blood sweat and tears performace for AISC !

AISC ( All in Sustainable costs) Performance BAR is around US $880 / oz----> Anything more then it's down to dogshit Mgmt. FACT !



Aussie $ 1,333 = US $ 880 @ 0.66 conversion.


CMM production = 115,000 - 125,000 ounces , so perfect Peer comparison.
CMM Head Grade = around 1 gpt , slightly higher than us, so we give us a little extra wiggle Room up to US $990 as comparison.
CMM zero Silver production to help reduce AISC





Notes for PEER COMPARISON in Kingsgate's favour :

1: CMM is in Australia where FIFO WORKERS are PAID over 5 x HIGHER than Thailand workers cheap salarys.

2: CMM is in Australia where Electricity and Fuel costs are Higher !

3: CMM is in Australia where Food costs are Higher & have built a FIFO camp & pay for flights where our workers arrive by scooters !

4: CMM will pay tax and doesn't have a 6 year Tax holiday like Jamie has told us many times how he greatly negotiated for us...



So there it is KCN Mgmt ( Top G, Jamie G , you want to compare yourself to PEERS, you deliver an AISC of around US $900 like your Australian Peers...

This is where the Great MGMT peers separate themselves from the Selfie talking clown MGMT..----> How on earth is an Aussie Gold miners Administration & Corporate costs so low compared to Kingsgate in Cheap third world Thailand !!! ---> That's where all the Chatree Festival Carnival / Flights / Motels Accomodation / Free meals / Room service / Taxi's / Tips / Stupid hats/ Akara Tee -shirts / 1 million trees , +20 tree planters/ Chicken green curry and fluffy rice end up..






So in Fact with so much in our Favor in much cheaper Salaries / Fuel / Food / Electricity, then why aren't we below CMM ?

Nucharee ! Our own little loanshark , who is just like a Pawn broker opening a shop outside a Casino to take advantage of the poor desperate souls ! They prey on poor gamblers, offer them huge 12% interest and spin it like they are doing society a favor !

When in fact, they only do themselves a Favor...

Mining Costs ( Nucharee costs )

Staff Costs / Admininstration / Corporate costs will determine our MGMT performance going forward & only this, only AISC matters from today forward..


Our MGMT never needs to speak again as AISC will do all the speaking for them...


BRING LOVEGOD his AISC of US$ 900- $990 and lovegod will love you longtime !