KSN 3.45% 8.4¢ kingston resources limited

Under the radar for sure .. still buy them while they are cheap...

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  1. 13,205 Posts.
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    Under the radar for sure .. still buy them while they are cheap won't last forever, The open-pit operation looks very profitable esp with further high-grade hits right near the surface being discovered ..

    More updates to come>>

    -Resource updates .. Pearse North, Pearse South, and SOZ.. more LOM

    -Early 2024 open-pit production updates

    -Misima - JVP ? trade sale ? capex of A$476m and average LOM AISC of A$1,217/oz... 120-130kozpa over a 20-year mine life..valued at zero IMHO ...but could well be free carried JV worth millions pa to KSN ...or outright sale?
    using the numbers min = 120koz x A$1700oz =204Mill pa x 20y =A$4bill+ .... aka rough $3Bill EBITDA ...10% trade value 300mill ?? ok lets make it 1% = $30mill trade sale + fat royality pa for 20yrs ..


    Last edited by Sharetrader78: 05/09/23
 
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