KAU 0.00% 15.0¢ kaiser reef limited

I found a resource estimates from the previous owners CTL, who...

  1. Rx-
    240 Posts.
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    I found a resource estimates from the previous owners CTL, who actually sunk a fair bit of money into developing both A1 and the Union hill gold mine. From a recent interview it looks like the director are pretty keen to start up the 2nd operation at Maldon ASAP, which would definitely boost the production numbers. He also mentioned the replacement cost of the CIP processing plant was more than the current mcap. Mining equipment etc is worth a lot of money in this high inflation market. In the recent Sydney presentation he unofficially mentioned a mine life of up to 10yrs from A1. Pretty impressive from a 25m mcap company.

    https://hotcopper.com.au/data/attachments/4406/4406028-661aa8343f7b29d49b885abcee73cc42.jpg

 
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