KCC kincora copper limited

Ann: Expanded scope for ongoing drilling at Nyngan, page-5

  1. 8,652 Posts.
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    Trundle will most likely attract another high quality partner on the same level as Anglo Ashanti and this project will most likely deliver cash payout as KCC has spend lot of money there and has it advanced significantly. Basically this project offers step-out drilling opportunities on top of early exploration targets.

    Dunn's North and South, SEZ and NE Gold zone (just southwest of Dunn's South ~600m) all offer step-out drilling opportunities. And this is what makes Trundle very attractive from exploration point of view. Companies have to spend lot of money to progress it to that stage - hence why KCC will most likely end up with good JV or Earn-in deal that also includes cash component.

    Fairholme (and probably Jemalong) will attract EVN as the synergies are obvious but who knows it could be others.

    Possible candidates for these two will be:
    Anglo Ashanti,
    EVN,
    Goldfields,
    WMC and
    NST.
    I hope not FMG... I don't like them.

    And who knows, there could be some developments with Condobolin as there is lot of consolidation going on there.

 
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Last
3.7¢
Change
0.001(2.78%)
Mkt cap ! $8.712M
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