I take no notice of any chat room gossip by anonymous nics which contradicts what a company has publicly released to the ASX. That is the way nearly to be badly burnt imo.
The Environmental Permit was granted in April last year. That IS public information.
As KCN released to the ASX on 26th. February:
"New democratically elected govt
Stated support for investment
Policy to promote gold mining
New Cabinet last week
Industry Minister – K. Suwit
Also Deputy Prime Minister
Supports foreign investment
Other Deputy PM – Gen. Sanan
Signed original mining leases
New Mining Leases await final Ministerial signatures"
All one needs to do is think rationally imo. The new Government has only been formed for a few weeks and it is making one positive announcement after another for local and foreign investment.
Do you seriously think after KCN has numerous permits in place for Chatree North, including an Environmental Permit, that the new Government will want to risk serious damage to the good will it is creating for foreign investors and foreign investment?
risk rating on a scale of 10, page-6
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Last
$1.38 |
Change
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Mkt cap ! $355.6M | |||
| Open | High | Low | Value | Volume |
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| Price($) | Vol. | No. |
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