KCN 0.00% $1.41 kingsgate consolidated limited.

Dont be a defensive baggy because I'm not being unreasonably...

  1. 1,193 Posts.
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    Dont be a defensive baggy because I'm not being unreasonably negative. I asked ok questions and I'm genuinely trying to understand. Someone made up some unsubstantiated nonsense about reserved TAFTA funds in New York, now turns out to be an unsubstantiated information about a possible legal strategy for quarantining funds before the hearing.

    This company is already cheap on cash basis but legal proceedings scare people away as they can be drawn out and can lead to simply filling the pockets of lawyers. I'm trying to work out what are the risks and likelihood of being able to enforce any ruling in the company's favour, that's why the terms of the agreement around suspending benefits are interesting to me.

    The Chile asset isn't worth much at current prices, so not even part of my thinking.
 
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