KCN 1.72% $1.43 kingsgate consolidated limited.

KCN is magnitudes better than lithium soil/rock...

  1. 5,900 Posts.
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    KCN is magnitudes better than lithium soil/rock samples.

    Gold/Silver is where the money is, with the possibility of copper byproduct happening at some distant point.


    We have some hurdles to get over: debt repayment/replacement, and management actually reporting an increase in processed grade. But the $400m market cap reflects an established plant and actual resources/reserves. Distant resources South of Chatree are smoke and mirrors in the short term - no resources defined, and then no permissions for mining/transport/processing. The ones <5km from Chatree may be possible in <5 years, but I doubt any others are.
 
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