KAU 5.71% 16.5¢ kaiser reef limited

Capex spending, lot of one off infrastructure spending plus...

  1. 823 Posts.
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    Capex spending, lot of one off infrastructure spending plus adding to the fleet. Not sure what they added to the fleet but it did say that in the quarter. If they brought a new truck or bogger that could be half a million right there.
    Still think the cap raise was stupid and or helping mates but the sp has taken a turn for the better so whatever I guess.
    Gold price could see more people looking for gold exposure and undervalued gold plays. Any place that can make 1k of profit per oz is pretty dam good, pretty much high end of the industry.
 
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