Nice to see a positive change in the SP, hopefully there's sustained support at this level.
Anyone heard any news on an updated NPV? (Or is that due in April (ish) along with feasibility of hitting the incline)
There has been some posts on here in the past and under SEI re the NPV.
My understanding was that the NPV was around the the $160m mark but this analysis was done some time ago. I have no idea if this also included what is in the ground, if it did then the costs of extraction would certainly be less now based on hitting the "King Veins" directly, would it not?
Also, that NPV was based on recovery rates / resource concentrates that have now been upgraded by over 20 times in some instances (I think this is based on what's on top of the ground/ tailings)
Would love to hear from anyone (and we have some very informed posters on here) their opinion on NPV right now.
The other thing is that none of that really took into account gold assets.
PS Good luck to all KIS holders aswell, happy to take an uplift from your publicity.
When its all said and done, EQR and KIS have similar market cap but KIS has 1/5 the number of shares on issue.
In appears that EQR has a much greater resource, though its concentration levels are lower. That said we are already set up to go and don't need significant funding to get moving.
If we keep funding ourselves as we continue to hone the process while at the same time we get specific about where to direct resources in the underground incline we are in great shape. IMHO
No doubters here for some time, perhaps they will come and try to top up while there's some noise and the SP is still a bargain.
Oh.....and cant wait to see what happens with the gold too.
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