anvil whacked, page-4

Interesting thought Quantarb,

I was thinking that given their exisiting capital and likely future long term cash flow they'd be able to debt fund the remaining capital requirements.

I think this is just a bit of a pull back after we got ahead of ourselves a little. I would think the significantly lower copper prices would have hurt us last quarter. Comments about artisanal miners at Kulu and still waiting for the Kins 'button push' will have shaken a few punters out. The next quarter or two might be a little tough as all the pre-strip/overburden costs come onto Kins with little copper to show for it.
Final quarter this year should give an indication of where we really sit - and I reckon $25 would be a reasonable punt.

All the above is only guessing from a seat in China - not the Congo.

Cheers,

Stu