KTA 0.00% 1.2¢ krakatoa resources limited

Ann: Diamond Drill Program Update, Turon Gold Project, page-75

  1. 9,311 Posts.
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    I think that's the ultimate focus @The Avenger, those projects have the hypothetical potential for huge scale, beyond what Turon can probably offer. But Turon, if we can match historic yield, could fund them. First by securing the market cap - bring some consistent volume in, set a stable floor hopefully well north of $20mill mc that brings in funds from oppie conversion (10c oppies due in OCT!!) and then, if needed low dilution cap raises. Second by offering potential for early mining and cash flow off the back of existing mining infrastructure (extending old mine workings, accessing PUA mill). So it could be some sweet cream on that bun!
    Last edited by seals: 16/09/20
 
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