KGL 3.16% 9.8¢ kgl resources limited

Ann: Quarterly Activities and Cashflow Report - J, page-3

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  1. 14,292 Posts.
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    re: Ann: Quarterly Activities and Cashflow Re... Probably wrote that a few days ago Leespicks.

    Good to see they are still saying they expect cash costs to drop at Murchison from original expectations.
    If they are right and POG moves back up to $1800 or higher, margins will start to look much healthier.
    Good to see the solid results for Jervois. Hopefully they can upgrade the resource not only in size but to higher average grades as well.
    A combination of increased resource size, lower capex (they believe is achievable) lower cash costs (if grades are improved) would all be steps in the right direction.
 
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