KCN 1.59% $1.55 kingsgate consolidated limited.

Ann: Chatree Gold Mine Plant 1 Update, page-95

  1. 3,426 Posts.
    lightbulb Created with Sketch. 885
    Me no knowledge about MTC.

    Kcn isn’t disclosing good junk of news because of settlement negotiations. Let’s say if they see our quartz less area have 10g per ton some pockets of gold then they might pressure management like you got enough or they will offer us less. Things will start to get sweeter from this or next week once mining layouts approved then our reserves will jump over 2m so our LOM. Production wise management will be conservative and guidelines may come between 90k to 120k ounces as we will be losing a quarter for negotiations and recommissioning but actual will surprise us. From here we will go over x3 or x5 within short or long time.

    MTC may go to 30 to 35c or 3-3.5C. Good luck to you and LG.


 
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