KCN 4.12% $1.40 kingsgate consolidated limited.

Ann: Kingsgate settles PRI Claim for more than A$82 million, page-68

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  1. 4,987 Posts.
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    PRI was settled at 25 percent of maximum value because KCN was cash strapped.

    If KCN settles Chatree at the same rate. It might get $250M usd. However, its well funded for at least 4 years based on this years run rate. After repaying debt.

    This is before selling Silver project.

    $250M is $1 usd a share.

    Not sure whether this settlement will improve their chances getting thai govt to settle.
 
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