re: Ann: LRC: KCN:Recommended Takeover Offer ... I agree, rgdk. In the words of Thomas during the broadcast there are lots of projects like this around the world with NPV's in the hundreds of millions with market caps of ~$20m. A cashed up, high margin producer like KCN/DOM can select the best of them.
This is our competitive advantage relative to most other producers, so we may as well go for it I say. The Laguna mine is going to be a real money spinner at current silver/gold prices. My interpretation of what was said in question-time is the feasibility study will be completed first half 2011.
Rowingboat
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Mkt cap ! $349.2M | |||
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