KGL 1.04% 9.7¢ kgl resources limited

us1.2 million for a gold mine

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    During the past year, the Company raised $4 million from a share placement, the funds from which have sustained exploration and evaluation activities and working capital to the present time

    While further capital will need to be raised to proceed with the development of initial gold production from
    Savoyardy, let me emphasise that the capital requirement for that development will be minimal of the
    order of US$1.2 million.


    I get a nice little buzz reading the hot rocks stuff as well.
 
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