KCN 2.55% $1.34 kingsgate consolidated limited.

This quarterly report in 3 weeks will reveal everything. Fingers...

  1. 913 Posts.
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    This quarterly report in 3 weeks will reveal everything. Fingers crossed they didn't bull$hit in the presentation !


    If they didn't, this next quarterly production report is going to be SPECTACULAR ! smile.pngbiggrin.pngcool.png

    The only possible way they achieved anywhere near 27,000 ounces at the AGM presentation to allow for the celebration handclapping is the following:

    https://hotcopper.com.au/data/attachments/5861/5861327-03510b9c35b9b81a21136b36018e4b0b.jpg
    https://hotcopper.com.au/data/attachments/5861/5861330-360989b867338fbf1fa23df370ac3478.jpg

    As at 2nd November we have OFFICIAL confirmation we were at 21,859 ounces.

    https://hotcopper.com.au/data/attachments/5861/5861337-d5e8e5f6f3d53a95707f16f2a5ae21b3.jpg

    From 21,859 ounces on 2nd November CONFIRMED there were only an additional 4 weekly pours until AGM on 30th November: It must have been 5,000 ounces in 4 pours which is + 1,250 ounces a WEEK ! sneaky.png SPECTACULAR ! biggrin.pngsmile.pngsneaky.png

    https://hotcopper.com.au/data/attachments/5861/5861342-652792322e49dd85d661c296cf8db722.jpg

    So we must assume this SPECTACULAR result is that we are finally into the good stuff as Mining commenced in Late October, so it'spossible.

    So let's assume the final 4 weekly pours in December simply continued the +1,250 Ounces a week for an additional 4 x 1,250 = 5,000 Ounces !

    So December quarter is + 3,000 ( October) + 5,750 ( November ) + 5,000 ( december) = 13,750 for the Quarter !! SPECTACULAR cool.pngsmile.pngsneaky.png


    So why is the shareprice Dogshit ? Why has shareprice fallen so dramatically after AGM presentation ?

    Fear of Bull$hit.

    Because they have refused to announce Officially November's SPECTACULAR production & have know refused to announce Decembers production ?

    Why would they do this to shareholders and let the shareholders experience this -15% shareprice plunge if we are producing so great ?

    Why would Ross the Boss OAM OMG refuse to Officially announce this spectacular production and let shareholders get smashed like this ?

    Why ?

    The good thing is we will find out in 3 weeks time !

    Tick tock tick tock tick tock ! rolleyes.png


    This is what a smoking hot supermodel must feel like after being promised at the nightclub by the shifty guy with a shinny suit and expensive watch that if she comes home with him she will get the monster 9 inches !

    What's it going to be grasshoppers ! Do we get the 9 inches and a boomer $1.60 stock price after quarterly report, or a face full of Ross the Boss bull$hit ?

    Fingers crossed it's not this ! eek.png

    https://hotcopper.com.au/data/attachments/5861/5861392-d61cf2d79b1fd0a8cda5938ef9173153.jpg


    ........and our faces look more like this ! sneaky.png

    https://hotcopper.com.au/data/attachments/5861/5861387-d33249b0a38c6d335e7742e09d337a7c.jpg

    smile.png

 
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