KAU 7.25% 16.0¢ kaiser reef limited

Ann: Investor Presentation - The Maldon Goldfield, page-19

  1. 177 Posts.
    lightbulb Created with Sketch. 35
    One of the reasons why Centenial went bust was the cost of hauling the ore to the Maldon mill.
    i know that "slingos" the trucking company was owed hundreds of thousands of dollars when Centenial went broke.
    The ore that centenial trucked from the A1 was grading around 4g/t, and the cost of trucking was almost a quarter of that.
    Kaiser has to have a relatively hi grade from A1 to make this a profitable mine.
 
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