Jervois RU in Numbers

Resource update in numbers,

Contained Copper (7500/ton) --> 280000 * 7500 --> 2.1 billion AUD
Contained Silver (20.5/Oz) --> 18 M Oz * 20.5 --> 369 million AUD
Contained Lead/Zinc (2500/ton) --> 120000 * 2500 --> 300 million AUD
Contained Gold (1400/oz) --> 113000 * 1400 --> 158 million AUD

So, we have an insitu metal value of ~ 3 billion AUD for Jervois till date but our MC is around 50 million AUD. I believe we have a re-rating waiting to happen soon. Long term investment in KGL could reward much better, why ?

1. We have resources open at depth, new parallel resources being found and current resource update is no where near the full potential of Jervois
2. Open pit mining identified in 3 zones which would equate to maximum returns of capital invested in short term and long term money flow
3. Deep drilling program currently in progress would throw more insights to the Jervois structure and if recent results are anything to go by, we have a bumper of results waiting to come
4. Reversal in metal prices and demand is a BIG positive for resources industry
5. We have plenty of cash in hand and should be more than enough for current deep drilling program and any future drilling program
6. A Junior explorer company in transition to Mid Tier Copper Producer and that too very soon

Reasons are many to invest in KGL and Market will catch up soon.!