KGL 0.00% 10.0¢ kgl resources limited

quarterly activities report out, page-5

  1. 1,075 Posts.
    Hey! Long time! lol

    Cost sure looks good when we have some Aussie goldies producing at USD $800 / oz

    Big risk for me is the political climate and the procedures there.

    Mate's girlfriend's parents are from Kyrgyzstan and Azerbaijan and she says the ex Soviet states are rampant with corruption and hyperinflation. It's apparently pretty bad. It's not easy to do business there (as demonstrated by the court case against KGL).

    But purely looking at the economics this looks good.
 
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