KCN is up 70% this morning on announcement of a legal settlement with country risk insurers who will join with KCN in pursuing its claim for damages against the Thai government for the closure of the Chatree gold mine. International arbitration to be undertaken in late 2019. Shareholders are hoping for USD300-500m in damages to be awarded. KCN also has a project in Chile, that needs more exploration/evaluation.
Its a gamble, so KCN is not for the faint hearted. Worth a look. I hold a few KCN shares.
loki
The Brains Trust-2019, page-469
-
- There are more pages in this discussion • 115 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add XSO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3,139.9 |
Change
23.500(0.75%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 3,116.4 | 3,152.1 | 3,116.4 |
| XSO (ASX) Chart |
