KWR 0.00% 2.9¢ kingwest resources limited

Ann: Lake Goongarrie Diamond Core Drilling Update, page-49

  1. 59 Posts.
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    Lads,

    Menzies is a 30-35M Market Cap as the resources stands, still with significant upside.
    The DD program in the lake still has plenty to go.
    Structural logging from the core including foliation/bedding, fault/shear zones, fold axis to determine the plunge of any deformation within the country rock will be incorporated into the model to better plan drill holes.
    Very early days and a MC of 15M even in these economic and political times is a bargain, still with very little shares on issue.

    Just my two cents worth. Take it as you will but I'm sticking around.
 
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