Ezi !
Your numbers are way way out !
Look at convergent (CVG) which completed a pre-feasibility study for a stand alone project of 40,000 Oz pa.
KDR could use this and add further definition drilling spin out new IPO with 1 for 4 shares in NewCo for KDR shareholders and this would be a stand alone gold project with real value created for shareholders !!
The fact this hasn’t been done is very poor ! IMO
Ann: Strategic review of gold and base metals rights, page-5
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