KBL 0.00% 0.1¢ kbl mining limited

Could be positive news, page-16

  1. 2,693 Posts.
    Continued production from the Pearse Open Pit is expected to deliver some 7,500 ounces of gold and 100k ounces of silver during the September quarter with 5,500 ounces of the gold derived from concentrate and 2,000 ounces of gold in bullion from the CIL plant.

    “Despite the June quarter being below forecast due to the major interruption to the Pearse open cut production caused by a severe weather event, results for April and May were encouraging and indicative of the processing capability. As the plant is returned to nameplate capacity we expect a continuance of strong production targeting some 7,500 ounces gold production over the current quarter”.

    from august 2 latest update. thats 15 million in revenue for the quarter planned. cash flow just starting to increase substantially from here.

    frosty
 
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