KMC kalgoorlie mining company ltd

Ann: Binding Ore Purchase Agreement , page-7

  1. 14,367 Posts.
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    sounds good when you look at their next qtr spend leaving only over a mill in the kitty going into the DEC qtr
    having some cashflowing 500k+ per month soon would be a major MAJOR boost for not only the cash balance but the SP 15c+ an confindence to raise the funds needed to get own production up an running with a good amount of reserves/resource in place going forward 500koz+ etc
    from my understanding Bullant had a JORC resource in place of 150koz from the drilling so far it should be hard to prove up 500koz
 
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