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3.08% $1.58 kingsgate consolidated limited.

I think from the company's perspective, underground is far away,...

  1. danbradster
    5,821 Posts.
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    23/07/24
    00:09
    Post #: 74864955
    I think from the company's perspective, underground is far away, because the cost is high, so even 0.5g/t open pit is better value than going underground.
    If grades reached 0.4g/t, underground may be preferable.

    Hopefully exploration can keep up above 0.4g/t, so underground remains unnecessary.
    KCN Price at posting: $1.58 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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