KGL 5.00% 10.5¢ kgl resources limited

comparison with mml

  1. 14,880 Posts.
    lightbulb Created with Sketch. 479
    Interesting to see where MML is trading.

    $1.2+ billion market cap on forecast 2010/11 gold production of 100,000 oz at a cash cost of US$190/oz.
    2010 EBITDA: $74M
    Debt free
    Unhedged gold production
    Operations in Philippines

    Obviously KGL is behind in terms of timeline to production but
    at current prices KGL will produce in Year 1:
    70,000 oz of gold and 7,500 tonnes of copper.
    Cash cost for gold -$200/oz because of copper credits.
    2011/12 BBITDA: $100M+
    2012 will be debt free (payback of $50M debt funding is only 6 months)
    Unhedged on gold production
    Operations in Kyrgyzstan

    Perhaps my target market cap by early 2012 of $1.2 billion or $1.13 per KGL share is not far off the mark?

 
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Last
10.5¢
Change
0.005(5.00%)
Mkt cap ! $68.05M
Open High Low Value Volume
10.0¢ 10.5¢ 10.0¢ $6.206K 61.48K

Buyers (Bids)

No. Vol. Price($)
1 80000 9.8¢
 

Sellers (Offers)

Price($) Vol. No.
10.5¢ 30550 1
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Last trade - 13.19pm 12/11/2024 (20 minute delay) ?
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