KCN 4.43% $1.65 kingsgate consolidated limited.

Our Mgmt want to be compared to peers ! Let's give it to them., page-9

  1. 889 Posts.
    lightbulb Created with Sketch. 2234
    • Do you see why we have to keep them under a microscope before the profits roll in ?

    • Do you see why they need to look over there shoulders and ask permission everytime they want to leave there desks ?


    Total destruction: 2011--2014

    The more expensive suits they employed , The big smartass letters after there names, The bigger the loses , look for yourself..eek.png

    https://hotcopper.com.au/data/attachments/5934/5934486-612b37e7bf1e67d2d023b8119bf0faaf.jpg


    Work hard building a great Mine in Chatree from 2001--2012..........Good times create week men, then only 4 years to BLOW THE LOT !


    https://hotcopper.com.au/data/attachments/5934/5934493-404de04b6ef25e42cced51ae1b698499.jpg


    The history of KCN Scares the shit out of me.... Lucky for us they just didn't buyback stock since inception and we never would have got this opportunity at investing in the recovery...

    But it highlights that we must only buyback stock & pay dividends before Thai IPO or disaster like above will happen again ! Especially when Jamie bullshits us on the webinar with what Ross salary was for the last few years as an excuse for bonuses , Can't even tell the truth about production reports when we notify him of errors, Never listens, has alphabet letters after his name & will never allow himself to be open for criticism...mad.png

    I'm getting Red Flags going off everyday & everyday i post here hopping whoever reads this can prevent this happening again.

    You may think my criticizing the small flights / Accomodation / Akara -tshirts / coconut brooms is me being an idiot, but i promise you it's a cancer & the cancer will spread from small things like this..... i promise you redface.png you won't think i'm an idiot if AISC is +$1,350 , but it will be too late then....

    Lucky for you i'm a full time Shareholder activist , because the history of KCN should scare the shit out of you considering Ross the Boss & Jamie have been involved for a long time....

    BLOWN ! Everything BLOWN ! eek.png



    https://hotcopper.com.au/data/attachments/5934/5934503-8f371d4347c3ed920cb2334b9e921a3e.jpg


    But don't you worry about the Directors involved, They were all PAID BIGTIME ! Give them all a bonus !

    https://hotcopper.com.au/data/attachments/5934/5934508-671ba165e8d7eba6ec1a305eca2a1812.jpg


    It's very clear looking at the history, as soon as the Directors got clever and wanted to expand, they blew the lot ! imagine if they just bought back stock instead ! eek.png

    https://hotcopper.com.au/data/attachments/5934/5934534-13c03f13fbcd4c26a1c55de53b5ebf00.jpg
    https://hotcopper.com.au/data/attachments/5934/5934542-4a5124c762cf129d00125addf4d56a5a.jpg

    Everything was fine until they started issuing Shares to pay for Neuva Esperanza and Challenger /Dominion.... DILUTION


    Everything is fine until they gave Ross the Credit Card and he goes off to the races ! sneaky.png


    So keep the pressure on them please, i can't do this alone ! rolleyes.png


 
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