we should have settled the Henty deal by the end of next week if my assumptions are correct . based on my research we should be able to produce 3000 ounces out of henty , balance of the current qtr and assuming A1 has actually started mining the new zone we should be able to extract 1500 ounces conservatively out of A1 , balance of this qtr . so anything under 4500 ounces for the June 25 qtr will be bitterly disappointing in my opinion . can't help but wonder if cyl have dodged a bullet . they certainly have picked up a quality asset using the funds from KAU . jury is still out for me . happy to wrong . time will tell
KAU Price at posting:
18.5¢ Sentiment: Hold Disclosure: Held
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