KBL 0.00% 0.1¢ kbl mining limited

Ann: Mineral Hill Process Plant Update, page-5

  1. 1,452 Posts.
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    Agree, this is good news.

    It would be good to see recoveries over 80%, but there are other plants in the world that only run around 75%. Perhaps KBL have ways they can increase recovery further if feasible, but keep in mind that at this point the current mining location/plant is not a long term venture. With some good discoveries nearby that could change and so could the focus to improving recoveries through the plant.

    The big win here is the increased production rates. Will need to run some estimates on production from previous plant capacity and what could now be achieved at higher rates/recovery. I expect these improvements to be enough to start to improve the cash position and paying down some debts.
 
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