I have to cop a mea culpa for yesterday's post. (https://hotcopper.com.au/posts/70381896/single)
Struck me overnight my arithmetic, in all the excitement, was duff.
In fact if you strip $24M from KIN's current market cap, the implied valuation on our 1.54Moz Resource at Cardinia is around AU$20/oz. (Yesterrday, I said $2/oz.)
Sorry.
Still leaves more than $3,000/oz change on the current Aussie gold price.
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