BVW i think the fact that they said "recovering 4,063.9 oz's gold and generating $6.97M in gross revenue" indicates a similar a past cost of production figure similar to that predicted for the next 3 months.
And of course these are just projections for the next 3 months. As for the cost of production being represented by the life of mine method, you have to look and see this is only used until Feb '12 (so only a very short timeframe.
And as for cattle getting excited did you catch what happened to gold last night and today? It copped a bit of a beating. KMC was actually up at 5.8c (or 5% up) for a good portion of the day. A fair effort if you compare that to other players like IGR that lost 3.5% approx.
So overall, let's look to the AGM. If they get the required funding, have Bowman on board and are coming out with production guidance like this (not to mention potential resource upgrades), then I don't see why at a $15m cap things aren't looking too bad...
KMC Price at posting:
2.2¢ Sentiment: None Disclosure: Not Held
