KAU 0.00% 14.5¢ kaiser reef limited

Ann: Material Gold Acquisition, page-24

  1. 182 Posts.
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    I agree. Lots of info still to come out. The mines targeted ASIC is around $950 - $1,000 per oz if you glance the FY16 & 17 financials. Don't think they would have pulled the trigger on this if it was a toss up. Unless Centennial's old FS were carrying debt off balance sheet the mine should be coming to KAU pretty unencumbered.

    So much for buying & flipping this stock quickly though...could be a blessing in disguise.
 
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