I agree with you completely Turville, Kin is certainly capable of putting many thousands of ozs from the new acquisition back into the company at low cost once the deal goes through.
MD Trevor has been involved in gold recovery over the past 20 years and is most certainly right on top of, as you say, converting the dirt into money!
No doubt we were not in a position financially, to purchase the Navigator assets but how could you say no to a great deal (which the Optiro report confirmed.) Once this gets across the line, immediate production and immediate cash return, remembering the Au gold price is still around $1400 oz, will repay debt and re rate Kin nicely.
Lets not forget the latest EM nickel conductor finds at Kingfisher which is due to be drilled shortly.
Cheers
KIN Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held
