KCN 0.00% $1.41 kingsgate consolidated limited.

I've made a rough flowchart. The top red possibility is already...

  1. 2,083 Posts.
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    I've made a rough flowchart. The top red possibility is already gone, after today. The downside chances may have been reduced by almost half now.

    There are quite a lot of decent/good outcomes from here. Well, good relative to the current SP, but not necessarily compared to people's average buy which could be at $1+. So the next question is - will the TAFTA legal proceedings + company upkeep cost more than the remaining $55m, therefore requiring the sale of NE or new debt. And if NE is sold soon anyway, will that leave a fairly large surplus of cash in excess of what is needed for the TAFTA claim.

    https://hotcopper.com.au/data/attachments/1473/1473858-dcfb0a1e57d9004d7c63c81276da8b93.jpg

 
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