Good info all the same. Have to remember we only have a market cap of @ $100m. Add in a bit of A1 and 30koz from Henty, at current prices we could easily have free cash flow of $70m+ p.a Henty pays for itself in less than 12 months, after that its all extra cream. Plenty of cashflow to get Maldon up and running again and get some more JORC compliant reserves under the belt.
May not seem like much to some of the bigger producers, but in this environment cant see our market cap staying where it is all that long. Brad appears to be pretty shrewd. If it's there to be had pretty sure he will be all over it. If not, 30koz from Henty a year for us is great, they find any more double bonus because IMHO market hasn't even begun to price in what it will be worth to us.
KAU Price at posting:
18.5¢ Sentiment: Buy Disclosure: Held
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