KGL 3.00% 9.7¢ kgl resources limited

re: Ann: High Grade Gold Mineralisation confi... I did my little...

  1. 712 Posts.
    re: Ann: High Grade Gold Mineralisation confi... I did my little bit also @ 40c and 37c in the last week or so.

    Simon Milroy is on his way to Kyrgyzstan for meetings re Andash.

    Murchison also has finally started delivering and the new contractor which ended up started up a week and a half ago is progressing "extremely well". I guess we will have to wait on the next quarterly for tangible evidence, although I would except the good results to only be evident in the quarter following that.

    However the fact that we have started drilling again at Murchison to extend proven resources must mean we are moving to positive cashflow territory otherwise I feel the company would have just stuck to the mine plan to avoid running out of cash. Cash at bank is apparently healthy although I don't have an exact figure.


 
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