PTN 4.76% 6.6¢ patronus resources limited

In following through Roo's logic above, it's worth bearing in...

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    In following through Roo's logic above, it's worth bearing in mind the baseline number from Munckton's ultra-conservative 2019 PFS, which gave a LOM All-In Sustaining Cost (AISC) for KIN's Cardinia Project of $1,442/oz.

    In the present Aussie gold climate that already looks okay:



    https://hotcopper.com.au/data/attachments/2154/2154425-f6626f7fffca990da7a674d1abb2d8a7.jpg

    By comparison:


    https://hotcopper.com.au/data/attachments/2154/2154434-c7de50dc0e713cd1f022290f3cb12f99.jpg


    Chuck in a subsequent addition to inventory (see Announcement CGP Mineral Resource Estimate Upgrade to 945koz, February 17, 2020), the economies of scale afforded by likely inclusion of expanded pit shells, plus all KIN's recent new discoveries (citations too numerous to post here, but all post PFS) ...and yes, increased interest on the buy side looks perfectly explicable.



    Last edited by Nowhere Man: 13/05/20
 
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