kyrgyz election emboldens aussie miner to dig , page-7

I agree, thanks for posting that Shreyab.

IMO that will mean we can look forward to two very significant announcements this coming week, with the other being the Jervois resource upgrade.

Both will be great news.
The market has clearly doubted that Andash would go ahead. That is based on the current share price versus the cash flow we can now expect in a little over a year once we get the official go ahead.
Those that sell too many of their shares into the news may be very disappointed over the next year.
I will be looking forward to the share price trending up by MULTIPLES of the current price in just the next 12 months as we approach commissioning.
I know value when I see it and KGL offers outstanding value.
A positive outcome next week will confirm a greatly diminished risk profile which should lead to a large re-rating.
A large resource upgrade and positive findings in the pre-feasibility study for Jervois will offer us much more upside than what we will get from Andash alone.
Burnakura will give us some good bridging cashflow and Gabanintha will give us further growth at home.
This will remain my number one holding by a large margin for many years.
I know I have said this before, but I have never seen such strong upside potential over as short a period with as little risk as this is now becoming.
I don’t mean to understate the risks but they are clearly dropping significantly versus the upside potential.
Worse case Andash is lost after commissioning.
Then political risk insurance covers the debt so at least we are debt free, cash flow positive through Burnakura and we can expect strong growth through Burnakura expansions, Gabanintha and Jervois.
Keep in mind the political risk insurance is surprisingly very low (I can’t remember the exact number but I think it was a one off 1 mill or 2% of the loan for the life of the loan).
That should give a fair idea of what the actual risk was many months ago. The political situation has clearly improved since then.