Hopefully AM is talking to the likes of OBM about a deal to use their mill to process some of KIN’s shallow high grade gold.
OBM seem to have a great plant but the gold in their MRE is barely worth processing. There could be a lucrative deal to be made for both organisations.
In what is shaping up as a rapidly rising interest rate environment, companies need income to prosper. XAUAUD at 2700 is a big positive, but KIN also really need to announce a clear plan to the market for the next 2-3 years - then stick to it.
KIN Price at posting:
8.3¢ Sentiment: Buy Disclosure: Held
