KGL
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0.00% 9.5¢ kgl resources limited

burnakura feaso out, page-4

  1. investorpaul
    1,091 Posts.
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    07/02/12
    10:26
    Post #: 9655085
    We will be highly leveraged to any move in gold.

    A $100 increase in the POG will add a $100 to our margin ($427 to $527) an increase of 20-25%.

    In Gold gets to $2,000 prior to production then all our margin goes up 1.81x ($427 to $777).

    So for anyone who thinks gold is going higher within the next 6months it isnt all that bad.
    KGL Price at posting: $1.21 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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