KDR 0.00% $1.90 kidman resources limited

Ann: New High Grade Copper Zone confirmed on Main, page-10

  1. 6,077 Posts.
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    re: Ann: New High Grade Copper Zone confirmed... Sorry Phil,

    I mis-read your original post. I (mistakenly) read it as you had done volumetric quantitive calculations which indicated that there was sufficient Cu in the ground to enable a commercial reality. My heavy heart lifted.

    But, alas, you have merely 'heard' that it will be a commercial mine within a year and, that being the case, 'calculated' that it represents a good buy.

    Well good-oh. Only trouble is, IMO, if grades and widths remain the same, it certainlly will not be an operational mine within a year and probably never.

    Hence the current, diminishing, SP.
 
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