KSN 3.45% 8.4¢ kingston resources limited

Yes, I see "Hell" over on the CNB thread ..don't recall him back...

  1. 13,205 Posts.
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    Yes, I see "Hell" over on the CNB thread ..don't recall him back in the early days when I was giving u a hard time Imme LOL.

    IMHO KSN is a sleeper ...that could awaken on the right ann... esp with the large" Misima Gold Project" to get a JVP or trade sale.Also like the fact it has put runs on the board purchased Plant base resource has progressed production to profitable operations extends limited mine life out to 2027 and will continue to explorer and expand... 50koz au pa production is not a bad outlook if AISC are contained ... even if the FCF is only $1k per oz still a nice 50mill pa

    I like CNB(made me $$,$$$ in the past) but it's very early days ...certainly needs MRE before one could say if it is cheap or not Vs peers in the sector like say RXM 1.89Mt Cu + 3.7Moz Au worth $A98mill with all the permits/land ownership ready to go mining just needs the BIG CAPEX as would CNB if it wanted to be producing one day several years from now

 
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