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  1. unawares
    5,416 Posts.
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    04/09/12
    15:35
    Post #: 10668607
    have run my calculator over todays results. no MET confirming grade as yet, mind you......

    tried to use conservative figures in calcs as always. 40% recovery, 8% TGC, 1.4t/m^3 host rock, $800/tonne product, 86million shares fully diluted and the worst case i could make valued KNL at $0.94 a share with MCAP = $81mill

    middle of the road calc (still conservative figures over slightly larger area) gave MCAP = $344 and ~ $4 a share......................

    so I went ahead and bought some more. GLTAH
    KNL Price at posting: 60.0¢ Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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