KAL 7.69% 2.8¢ kalgoorlie gold mining limited

dont get too excited

  1. 326 Posts.
    Don't forget the company had previously said it had 1,200,000 ounces but used a dubious desparado cut off grade of 0.7 g/t. What they have done here he is to now admit the 0.7 g/t was rubbery (and attribute the 0.7 to previous manangement) and are now able to say we really do have 1,200,000.

    Can't be critical of the revenue side just need to know the costs. How much dirt needs to be moved above it to dig it out, dilution, metallurgy etc.

    Hope you all make a big quid
 
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