I should also point out that KGL has most of the environmental and mining and transport permits from Government.
This takes about 7 years from discovery to development.
We are talking a two year build and commissioning so that if FID is made in the 4 th quarter, KGL should be delivering concentrate
by end of 2026.
If the copper price goes to $US15,000 as some are calling then the cash flow jumps to close to $500 million a year.
I don't know of another ASX stock that offers such a cheap call on copper.
Ann: Increase in JORC Measured Resource for Jervois Project, page-5
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Last
10.0¢ |
Change
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Mkt cap ! $56.72M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 9.8¢ | $51.62K | 516.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | 9.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 28975 | 1 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| KGL (ASX) Chart |