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Ann: Ball Mill Acquisition Enhances Andash Projec, page-3

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  1. cdchi1
    8,972 Posts.
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    11/05/10
    10:16
    Post #: 6680629
    re: Ann: Ball Mill Acquisition Enhances Andas... Agreed...this is EXCELLENT news!

    - Cheaper than previously esimated = increase in project NPV

    - Bigger than previously estimate = increase in project NPV

    Also, the fact that they purchased a BIGGER ball mill to take higher throughput is a strong indication about how confident they are in finding additional resources in their project licence.

    Cdchi1
    KGL Price at posting: 8.6¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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