KGL 0.00% 10.0¢ kgl resources limited

Using $3.25 Cu price is ....... creative. They have even used a...

  1. 603 Posts.
    Using $3.25 Cu price is ....... creative. They have even used a $2700 zinc price.

    If anybody can predict copper is likely to be 50% higher in a couple of years they should buy futures and not bother with mining.

    Using non-spot prices is a polite way of saying the project isn't viable at current metal prices. On my own simplified valuation model (patent pending) I see the project as borderline viable.
 
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