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11.5¢ kgl resources limited

The problem is no one wants to work there...wonder why

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ACEMINER

2,192 Posts.

484

25/04/23

16:19

Post #: 67443999
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Originally posted by eastwest101: ↑

Yes - seems to be a case of "we will press the go button" only when an entirely unrealistic and unique set of circumstances prevail and all of the stars align in a perfect world of high copper prices, low input costs, no inflation, cheap fuel, low costs of construction, cheap capital, infinite contractor availability and no macroeconomic uncertainty.

If that's their criteria for doing something, then they will be waiting for centuries for this unique and perfect static world to eventuate.

I've got news for management, things change and nothing is ever perfect, as soon as plans are made they are often out of date, and you have to make adjustments in a changing world, no risk = no reward.

The one thing I do agree with is the emphasis on proving additional resources, giving this thing longer mine life and possibly an uplift in grade to bring forward a faster return on capital is the only way to get the attention of the market at the moment. Nice orebody though.

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The problem is no one wants to work there...wonder why

KGL Price at posting: 13.3¢ Sentiment: Sell Disclosure: Held
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(20min delay)
Last 11.5¢		Change -0.005(4.17%)		Mkt cap ! $65.23M

Open	High	Low	Value	Volume
11.5¢	11.5¢	11.5¢	$834	7.248K

Buyers (Bids)

No.	Vol.	Price($)
2	50872	11.5¢

Sellers (Offers)

Price($)	Vol.	No.
12.0¢	11435	2

View Market Depth

No.	Vol.	Price($)
2	50872	0.115
5	301460	0.110
5	269523	0.105
5	147329	0.100
2	33152	0.095

Price($)	Vol.	No.
0.120	11435	2
0.125	79267	3
0.130	50000	1
0.135	816666	2
0.140	349848	5

Last trade - 16.10pm 06/05/2024 (20 minute delay)


Last 11.5¢			Change -0.005 ( 4.17 %)
Open	High		Low	Volume
11.5¢	11.5¢		11.5¢	4490
Last updated 11.16am 06/05/2024 ?

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