Andrew has stated in interviews that we are one of only two...

Andrew has stated in interviews that we are one of only two miners in the region with the necessary processing equipment to sell gold and other metals. What we lack is proven reserves. By contrast, peers such as Talisman have more extensive exploration prospects and reserves, but no (very expensive) processing plant. He’s said there’s been very little consolidation in the Cobar to date, but these circumstances suggest M&A is inevitable in the not too distant future. For example, Talisman and KSN could either merge (perhaps after KSN has spun off Misima into an independent company in which KSN shareholders have a direct shareholding), or alternatively set up a JV to monetise newly discovered resources. Whatever happens, it seems Andrew is already looking ahead to grow KSN’s Cobar assets into a significantly larger operation.