"The plan is for mining operations to be initially conducted on a 12 hour shift, 350 days of the year, with no production drilling or blasting required due to the soft, friable material. Kogi is expecting this would be essentially a ‘free dig’ operation."
So a very low cost operation !! combine this with low cost labour and transport costs !!
Ann: Feasibility Study-KFE.AX, page-6
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Last
3.1¢ |
Change
-0.001(3.13%) |
Mkt cap ! $111.5M | |||
| Open | High | Low | Value | Volume |
| 3.1¢ | 3.3¢ | 3.1¢ | $225.3K | 7.101M |
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| No. | Vol. | Price($) |
|---|---|---|
| 3 | 543047 | 3.1¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 3.3¢ | 788523 | 5 |
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| M4M (ASX) Chart |