Of course... the peripherals. The benefits to towns nearby etc etc. Thanks. That did slip my mind. $20m. hmmm.... Doesn't sound much (if you say it quick!) Seriously though. If KAL have this much in the ground, in this small area with sooo much more to explore, then doing their own thing and not sub-contracting the milling would be the way to go. Freight costs transporting the ore to another mill operation, then the cost of ,milling it, then transporting the finished product back etc etc.... 20million would be amortised in no time. (The argument is pro-production, I'm sure. And if we saw an announcement of the construction of a mill, then you could see this stock fly!) So tell me folkes, If you bought a new mill today, used it for a few years (say 10) then sold it onto some other junior explorer/producer, doesnt this justify the acquisition?
KAL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
