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Ann: Quarterly Activities Report, page-3

  1. Nowhere Man
    4,069 Posts.
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    01/08/22
    10:53
    Post #: 62849703

    Yep, good points, Roo.

    That "penciled in" >1.6Moz is interesting ...same map included in the Diggers & Dealers Presentation released today:


    https://hotcopper.com.au/data/attachments/4552/4552961-0f1eed54680a8afafb00bb8079fe8686.jpg


    I'll happily take a 25% increase in the MRE - particularly when that places us within the targeted threshold range for standalone production at last!

    I note this point too in today's Presentation - PFS in 2019 indicated a Capex of A$76M. Likely Capex and Opex increase but grade and recovery increased faster.

    And of course - Existing Hardware (Mills, Crusher, Conveyors structural steel) already owned.



    Last edited by Nowhere Man: 01/08/22
    KIN Price at posting: 8.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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