KCN 0.32% $1.56 kingsgate consolidated limited.

I think there was discussion about this after investor webinar.....

  1. 1,216 Posts.
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    I think there was discussion about this after investor webinar.. correct me if I wrong if I get any details wrong.. the plan is to blend 70/30 % with new mined ore from A pit with low grade stockpile.. current grade Jamie reckons AVG grade 0.8 g/t estimate production forecast when both mills are production is 120koz pa.. There is possibility with further grade control will may get better results from A pit.. but purely speculation.

    When KCN was $10 sp it was producing 160koz pa from Chattree of about 1.2-1.3g/t... ~ 160 koz pa but grades coming out of A pit was achieving 6 g/t.

    i am just curious when mill 1 will start producing.. my initial estimate will be sometime in April.. but recall discussion could be early as beginning of April.. it will depend how fast they commision.. I estimate that DPIM safety inspection will take 3 weeks ...so fingers cross for an April month start-up.
    Last edited by ecker: 06/03/24
 
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