KGL 0.00% 11.5¢ kgl resources limited

Ann: Annual General Meeting Presentations, page-7

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    this project when presented in 2014 was rather too optimistic and got little interest as cut off levels were higher, price of copper at the time as high (significantly lower than now) and portion of resource proven up significantly lower. Since the Dennis has taken a far more conservative approach and built on reassured with years of both infill drilling and exploration and mainly focus on Cu rather than all the other metals. New proposal is now the opposite to last time and now with all the approvals and cut off levels too low given current Cu price.
 
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