KAU 3.23% 16.0¢ kaiser reef limited

Ann: Material Gold Acquisition, page-90

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  1. 4 Posts.
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    I can't see why anyone would want to just have drills poking the ground when they could have that PLUS mines and processing plant putting out over $5M in profits during administration. I can't see a better way of funding a drilling program on the LFB. Producing gold is the best way to make use of a high gold price, not finding it. You can't sell gold when it's still in the ground. You'd have to have marbles in your head to vote against the acquisition.
 
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