KGL 6.98% 10.0¢ kgl resources limited

Agree numbers were to be expected.Stoked with the grades from...

  1. 1,717 Posts.
    lightbulb Created with Sketch. 13
    Agree numbers were to be expected.

    Stoked with the grades from Alliance, north of the existing pit, resource upgrade there for sure.

    Noa7 - the first hole 281 in a series of 6 holes being drilled hit some reasonable grades as well.

    Reiner, I think your looking for the negatives rather than positives. We knew the numbers wouldn't be great with the problems announced at Murchsion. These problems look to have been solved.

    In regards to next qtr expenditure it's clear their are production costs, exploration, development, bank feasibilty costs etc so it's a bit naive to think we would be cash flow positive.

    I still think management are on the ball and doing a great job of landing us the prize, just need more patience.
 
watchlist Created with Sketch. Add KGL (ASX) to my watchlist
(20min delay)
Last
10.0¢
Change
-0.008(6.98%)
Mkt cap ! $56.72M
Open High Low Value Volume
10.0¢ 10.0¢ 10.0¢ $450 4.5K

Buyers (Bids)

No. Vol. Price($)
11 441786 10.0¢
 

Sellers (Offers)

Price($) Vol. No.
11.0¢ 62692 3
View Market Depth
Last trade - 14.26pm 28/06/2024 (20 minute delay) ?
KGL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.