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7.9¢ kalamazoo resources limited

Ann: NST: Northern Star Divests Ashburton Project, page-20

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saundersdjs

254 Posts.

19

22/06/20

21:03

Post #: 45378237
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Originally posted by joedirt23: ↑

This news looks massive at first glance!

A JORC’d resource of 1.6Moz for no upfront cost until the first 250koz is mined and even then it’s only $17.5M plus small royalties after that. That’s mental! Yes, it is only Indicated and Inferred but that won’t take long to firm up to a Measured resource.

Profits will be about $1.6B assuming a gold price of $2500 and a very high AISC of $1500! Their market cap is only $61M at the moment. Will be very interesting to see what the share price will do on open.

I’ll need to dig further into this, but this seems amazing in my opinion.

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hey Joe, when you say profit are you taking into consideration the cost of getting it out of the ground?

The deal does look good. I just don’t understand why NST would do this? To say it doesn’t fit their plans anymore is throwing away money.....

KZR Price at posting: 48.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 7.9¢		Change 0.002(2.60%)		Mkt cap ! $14.96M

Open	High	Low	Value	Volume
7.7¢	8.0¢	7.7¢	$17.41K	222.0K

Buyers (Bids)

No.	Vol.	Price($)
2	177924	7.9¢

Sellers (Offers)

Price($)	Vol.	No.
8.0¢	56730	1

View Market Depth

No.	Vol.	Price($)
2	177924	0.079
2	14044	0.078
2	486664	0.077
1	65000	0.076
2	210000	0.075

Price($)	Vol.	No.
0.080	56730	1
0.081	240617	3
0.083	47799	1
0.084	33800	2
0.085	198144	1

Last trade - 14.09pm 04/10/2024 (20 minute delay)

KZR (ASX) Chart