KAU 10.3% 16.0¢ kaiser reef limited

Ann: Production Increased, page-98

  1. 9,410 Posts.
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    No quibble with any of the metrics quoted above. The quarterly should land in that ball park, with a healthy addition to cash, again.

    they'll need plenty of readies to fund their two major projects, one being the restart of the Union Hill mine. The company has consistently stated this won't be too capex heavy, given existing infrastructure. Still, nothing comes cheap these days and they won't want to crank up underdone.

    what price a state of the art exploration program for the highly prospective Maldon block? Done properly and if they find one or more development prospects, JORC MRE and BFS will run to tens of millions.

    great planning by KAU to get A1 mine humming to provide the readies for more development and exploration.

    the quarterly will be solid and mark the start of a major new stage.
 
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