KGL 4.17% 11.5¢ kgl resources limited

Straight shooter. No bs. Dennis is a champ.I am thinking and...

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    Straight shooter. No bs. Dennis is a champ.

    I am thinking and hoping this will be back down to $0.095 before sp pivots to a basing pattern. At least that is what the chart is suggesting. Hopefully i will have had completed my due dillegence by that time.

    481.2kt. is a decent resource. That is 2.6moz gold equivalent btw! Dennis suggests he is aiming to push mine life from 10 to 17 years. so that would be something like a 800kt copper resource target. Now that is globally significant and fundable!

    Assuming fair mcap is equal to the NPV and a capex of $400mil, this project only works at $5US/lb by my estimates. So easy peasy. Copper will get there. At current SP this is maybe a 4 b@gger potential.

    https://hotcopper.com.au/data/attachments/5375/5375698-1b293179ad2c27fcaa920ee0f04c8a13.jpg

    Last edited by PetrStiff: 23/06/23
 
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