KGL 13.0% 13.0¢ kgl resources limited

Ann: Company Update, page-24

  1. 1,980 Posts.
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    You're right, this flies WAY under the radar. I took a tiny parcel since last posting, still a bit reluctant to really load the truck though. You are spot on this needs a bit of momentum to push the ball rolling.

    On another note, anyone here familiar with metallurgy and able to comment on how good the deposit is in that regard? Estimated AISC cost is US$2.25/lb which implies to me that management sees no issues with metallurgy (from memory it's mainly chalcopyrite and I could not see any malachite or azurite in releases) and this will sit in the lower part of the cost curve.

    Please correct me if I am wrong with the above and have missed anything.
 
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