KZR 5.26% 10.0¢ kalamazoo resources limited

No, that doesn’t include the capital to get it off the ground....

  1. 272 Posts.
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    No, that doesn’t include the capital to get it off the ground. In comparison to the $1.6B, the CAPEX will be tiny.

    It is unusual as to why NST would push it away. Only thing I can think of is that it is refractory ore and not easy to mill. But with the right engineering, more upfront capital and a higher OPEX, that can be overcome. Saying that, NST now have zero cost yet still get the upside if the project gets funded (most likely will, just a matter of time).

    From KZR’s point of view, this is excellent bang for buck considering their market cap. This alone could shoot their price to $1 and above, allowing them higher prices for future capital raises even if they do nothing with this deposit. Not that we need any money at the moment, but this only seems to me like a massive positive given the current economic climate and future in gold.
 
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