low grades, page-33

all good questions. I'm assuming that the mill will be in the 20's and that they probably went for more for CAPEX. The mine is producing, but will still need more works to get running at full functionality.

I could be 100% wrong though, IMO you should probably email the company those questions, or 'suggest' they announce what they are expecting to spend the 35 million on.

Dropping alot now from when I bought, but still looks the goods imo, already making money and a debt facility currently in negotiation greatly lowers the risk of capital raisings at bargain basement prices.

IMO a good thing about KMC is that the CEO holds 10%. He isnt going to take the easy way out and simply cap raise money, as he will dilute his own wealth too much.