KCN 1.30% $1.52 kingsgate consolidated limited.

An economist is someone who can tell you today why something...

  1. 81 Posts.
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    An economist is someone who can tell you today why something happened yesterday.

    A bunch of the cheer squad here will rush to defend anything negative said in any way, shape or form against the company.

    The share price is at $1.38 and there are so many theories as to why. Manipulation, takeover bids, elections, bots, etc.

    It is very odd that management does not come into the crossfire at all.

    Unexpected CR when a Thai Bank Loan (meant to be part of the settlement) is STILL nowhere to be seen. If they announced a $40m USD loan at $2.03 we would have gone to $2.5 and would not have looked back.
    Nothing done about 8 weeks of DPIM
    Gold and Silver - announced by the company that they would tell the market know once PRM has finished their work. So, PRM must not have finished their work 6 weeks later. Oh, wait, it was a 2 week holiday that held them or the company back for 6 weeks.
    The tone-deaf releasing of market-sensitive news an hour or two after the market opens instead of 2 hours prior to the market opening like all the normal companies on the ASX.

    The tough realisation that they will not change, at all, ever.
    They will speak to a shareholder for an hour on the phone. Put the phone down and have the exact same conversation with another shareholder again and again. Yet, they can't keep a promise about PRM and so the SP tanks.

    This amazing relationship that KCN has with Thailand - well, I call bull #$%. We are the punching bag. $1.38 remember.
    Can't say this, can't do that. Cant release information due to this, and can't mine because of that.

    What a joke. Always, something amazing in the future but never now.

    No settlement? The negotiation never ends. Pathetic. 18 months later, if you haven't agreed, then call for TAFTA. Give us the award. Negotiations can be finished and items they needed x or y can happen years later, but the negotiation is OVER. The decisions have been made. Nope, not with us. We will get the holy grail, right at the end. Free electricity for a jacuzzi with concubines and obviously a royalty discount to zero.

    Jamie and Ross, start being a CEO and a Chairman.
    To the shareholders, have some critical thinking.

    That is, unfortunately, the WoodFr0mTrees
 
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