KCN 1.53% $1.33 kingsgate consolidated limited.

General discussion, page-4010

  1. 191 Posts.
    lightbulb Created with Sketch. 91
    Let’s look at potential FCF:
    Last announcement specifically said processing “more than” 6Mtpa (In the bit about raising the wall of TSF) for the next 5-7 years.
    Let’s assume head grade 0.8g/t and recovery rate of 83%.
    That equates to 3,984,000 grams, which equals 128,000 troy ounces per year.
    Assume gold price is 2200 and AISC 1200- that equals 128 million in US dollars.
    That means 194 million in our money….
    The irony is the longer the plant 1 recommissioning takes, the more the gold is worth (this could change, but looks like market says interest rate cuts coming).
    Looking good- especially if head grade increases, look out for grade control results….
    Our time is near.
 
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