If he was right there would be no need to have a mill, but he did, so he is talking rubbish.
There would be no need to drill, no need to do further exploration, no need for the company to even exist. It would mean the company has misled the market. It would mean huge trouble for KAL in more ways than one. It says KAL is essentially a fraud.
Wiluna is underground so more expectation ore could be refractory plus it has 90% recovery, not less than 50% as he claimed KAL to have. So higher grades as underground deposits need to have to offset the increased problems and costs undergound mines have.
He should be banned imo. Totally irresponsible but I think it is a second name anyway so not much point even trying.
cheers guys frantic even number, page-4
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Last
1.9¢ |
Change
-0.001(5.00%) |
Mkt cap ! $5.135M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.0¢ | 1.8¢ | $29.02K | 1.515M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 354036 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 130151 | 1 |
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| Last trade - 14.39pm 07/11/2024 (20 minute delay) ? |
| KAL (ASX) Chart |