KCN 1.46% $1.35 kingsgate consolidated limited.

If you measure us by current production vs cost it will higher...

  1. 3,659 Posts.
    lightbulb Created with Sketch. 926
    If you measure us by current production vs cost it will higher however if you look at in more detail then you will see we have started redesign a pit and also mining at quartz lease area.

    Quartz was showing gold within 20m depth which might need a lot stripping but from 20m we might hit jackpot or crap low grade ( cube consulting might show us some light).

    Redesigning A pit might take between 4-6months but they will have pockets of gold all the way down.

    From Jan 25 we will have full access to A pit as well as Quartz lease area and will be perfect timing to measure ourselves, by then management will have clear picture of how on going AISC will or they should be able to take extra measures to improve it.

    December 24 qtr production will be higher but if we get lucky then it will be surprising too.

 
watchlist Created with Sketch. Add KCN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.