KGL 4.35% 11.0¢ kgl resources limited

Ann: Equity Raising to raise approx $23.77 million, page-31

  1. 1,669 Posts.
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    I think now that the clear start date target for mine build is on the table and with the robust economics and high probability of extending this resource out to a 10 year mine life, the metrics look very good. Tightly held script with most holder having weathered many years getting to this point and wanting to see the true value of this resource realized before cashing out. Have absolute confidence in planned drilling extending mine life out beyond 10 years, would even go as far as saying, with current Cu prices, and a justified higher cut off level we are already at that point.

    Now its just a matter of the final year of watching KGL getting this growing resource into production. really looking forward to exploration kicking off beyond the infill drilling. There is just huge scope there.

    Great to see all the key stakeholders fully committed to current CR. Definitely a nice time to be on board the KGL train, as it pulls out of the station after a decade long park!!

    AIMHO DYOR GLTA
 
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