KAL 4.17% 2.5¢ kalgoorlie gold mining limited

went to the meeting, page-11

  1. 326 Posts.
    Yep, Like I said before Nine Lives, Kals biggest asset is in fact the rising gold price. Assuming its got a positive NPV now (and we still dont know) then yes as the gold price goes up so should Kal's share price. But I can't see much on the ground changing things much, they need all their cash to progress their scoping work and infill drilling. They still don't have a single ounce in the lowest reserve category yet, that takes money and time.

    I think it will just hover around these levels frankly
 
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