KGL

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WilliamPike

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06/05/24

13:32

Post #: 73684653
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Originally posted by Tipton: ↑

I am sorry to say it is all about PR.
KGL does not do any PR other than put out Qtly reports usually at the last moment so the content is lost amid the torrent of reports from others.
The board needs to realize that a strong share price simplifies and expands the financing options.
Despite the fact there is a copper boom in the making 99 per cent of brokers have never heard of KGL .
There are NO analysts covering the stock even though it is a gem.
These are some facts:
1.The feasibility study reported in November 2022 gave the Jervois project an NPV of $241 million using a discount of 8 per cent.
2.The metal prices used in the study were $US4.234 for copper,$US22.70 for silver and $US1735 for gold.
These are some facts:
1.The feasibility study reported in November 2022 gave the Jervois project an NPV of $241 million using a discount of 8 per cent.
2.The metal prices used in the study were $US4.234 for copper,$US22.70 for silver and $US1735 for gold.
3.IF you were to use current prices and reduce the discount rate to 6 per cent the NPV would jump to over $500 million.
3.IF you were to use current prices and reduce the discount rate to 6 per cent the NPV would jump to over $500 million.
4.At 12 cents a share KGL is valued at $68 million.
5.Since the report was completed ,KGL has expanded the resource base ,particularly for the open cut in the initial years,and
significantly expanded the upside depth extensions .KGL has also flagged increasing the size of the plant by 25 per cent to 2 MTPA.
The past eighteen months has been all about optimizing the project by putting more certainty around the open cut in the initial years.
You would also expect that they have opened discussions for Government funding.
I expect a final investment decision FID in the third quarter and with luck construction starting this year.
You cannot go past KGL as the best real copper play on the Australian market.DYOR.

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It should not be forgotten that Denis arranged a share placement for a few shares at about 70c once.

KGL Price at posting: 11.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

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(20min delay)
Last 10.0¢		Change 0.000(0.00%)		Mkt cap ! $64.81M

Open	High	Low	Value	Volume
9.6¢	10.0¢	9.6¢	$8.428K	85.76K

Buyers (Bids)

No.	Vol.	Price($)
1	102000	9.5¢

Sellers (Offers)

Price($)	Vol.	No.
10.0¢	65184	1

View Market Depth

No.	Vol.	Price($)
1	102000	0.095
1	100000	0.093
3	210761	0.092
1	92088	0.091
1	26000	0.090

Price($)	Vol.	No.
0.100	65184	1
0.105	25000	1
0.110	40854	2
0.115	100000	1
0.120	736648	6

Last trade - 15.31pm 27/09/2024 (20 minute delay)

KGL (ASX) Chart

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