KSN were planning for 30k-35k ozs Au in FY25. But this increase in resources implies higher production. As I understand it, existing plant capacity is sufficient to exhaust Pearse North and South resources within 12 months, should they so choose. I guess they’ll want to be flexible on exactly when they exhaust the open pits and switch to underground mining, depending on the future gold price for example. But it looks like they will be able to produce over 40k ozs Au in FY25, if they wish to. As you say Dicky, next year’s cash flow looks exceedingly promising! It probably won’t be sustainable at the same level beyond next FY; if it were then the mkt cap should be at least 10x its current level imho.
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1 | 35000 | 0.076 |
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Price($) | Vol. | No. |
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