Kin set for $500/oz margins, page-3

What I think is so attractive about the KIN story - something the RRS article conveys, but which management perhaps hasn't really emphasised to date -is that the existing LGP (which may itself be only the tip of an iceberg) is only a starting point, a springboard for the Company's wider ambitions in the district.

Being practically-minded, and already occupied with a sizable enough project (in the Navigator legacy) for such a modest crew, the next layers haven't really been peeled back - though I guess we get a flavour of what may be in store from the pyramidal structure of this slide from the recent Presentation (p.12):





Key to it all is the cash flows the LGP will begin generating from next year. Then the hunt will be truly on for the at-depth potential of the Mertondale, and out along the Gwalia.

Robbie Burns reminded us that 'the best laid schemes o' mice an' men gang aft agley' - but these careful, canny blokes have been pulling rabbits out of the hat from day one with KIN ...and it's hard to see that pattern not continuing.