Tooheys8, those 500 oz gold production from a1 is not from a stope but rather just the development waste from the 1 jumbo that kau have driving the ramp down into the new modern a1 mine, below a1 historic workings. Imo a1 need at least 2 more jumbos for development and a 3d jumbo for grade control on stope face. Once Henty cash flow belong to kau then company got funds to lease the jumbos and lease other new wheeled underground mining equipment fleet necessary to muck a1. There is a reason rag 1.5% nsr on a1 don't kick in until 3q25, potentially 3q25 be when we see first production out of new stopes at a1?
KAU Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)