These were the main points I took away from Hedley Widdup's and...

These were the main points I took away from Hedley Widdup's and Peter Turner's presentations at Resources Rising Stars:



1. Gold equities have been flat, while resources have increased by 10%:







2. Because KAI is still only a gold company, the share price hasn't gone anywhere, and the gold resource is only valued at AUD 25 per oz.






3. A couple of things to notice about the cut off grades. If the cut off is reduced to 0.3 g/t, we have in excess of 1.8 million ounces of gold - and "we'll hear more about that as studies progress." Also, there's 1 million oz of gold at 1.5 g/tonne. Expect an upgrade to over 2 million oz next year after more drilling is completed.








4. Because the gold equities market is currently flat, and lithium is buoyant, the focus will be be on Black Cat and Crystal Palace (Roe Hills), and Zakanaka and Iron Stirrup (Mount York). Black Cat is similar to Manna Hill. GL1 bought Manna Hill for AUD 300 million recently.




5. The soil geochemistry of Black Cat has be retested 3 times, and has continued to return stronger results each time. Cs-Be-Sn path finder elements are present.





6. KAI is proceeding with the Pilgangoora Extension Project at Iron Stirrup and Zakanaka. PLS is drilling up to the KAI boundary at Zakanaka.




GLTAH.