If the board decides to develop Kinsevere into a Stage III SXEW 120k+ plant, with say a 2012 commissioning. We would then have something like the 5th or 6th largest SXEW plant in the world.
As Craig Munro said, that particular decision won't be made for another year , but considering the planning that is already involved for potentially a Stage III development (they have the room), Stony Pony you are spot on, from 2009 our production levels comprising of a large proportion of SXEW copper just explodes.
We will also have going on next year, a very large exploration budget, my guess (US$15 million).
All very solid looking forward with excellent profits. I wouldn't be surprised if a maiden dividend in announced early next year. We can afford it.
All the best
KKR
AVM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
