KGL kgl resources limited

andash progress, page-76

  1. 940 Posts.
    Yeah we had most of ours approved as well. But we have a lot of licences spanning 4000km2+ and 2 non-core ones didnt get approved during the review.

    Surprised that KGL didn't take up the Savoyardy one (JV with MSR)
    Seems pretty good although only pre-feasability at this point.

    http://www.manasresources.com/savoyardy.8.html

    The capital cost is only 1.2m (should be around 2m now and cash cost of 500$)

    At 10koz/year over 3 years would have brought in around 25m+. Pretty damn good for a capex of under 5m.
 
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