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3.85% 5.4¢ kin mining nl

Ann: CGP Mineral Resource Estimate Increased to 1.15Moz, page-6

  1. coalboy
    3,014 Posts.
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    22/12/20
    11:55
    Post #: 49752324
    That was to be expected . It's a trade off in that the higher POG now lowers the viable gold recovery cut off point from 0.5g/t to 0.4 g/t , hence slightly reducing the overall g/t for the entire resource .
    However :
    The thing to be remembered is that we have also increased the total recoverable gold resource by 22% and increased the overall value per ounce by times 30% . All good imo.
    KIN Price at posting: 17.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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