KMC kalgoorlie mining company ltd

kmc buy now?, page-13

  1. 1,750 Posts.
    Doug.......got my oppies in the placement. They were ratified at the last company meeting, I got one oppie for every ordinary share. I'm holding a few more ordinaries than you but I was in at .155
    As for a link???? I,m on the iPhone at Perth Airport this morning. As for KMC in not sweating at all. I've been down the decline.In short I like story.What impressed me was the quality of the people as they showed me the orebody and the mine plan. Notice how they picked up a massive mill for peanuts...... Les Davis from SLR threw them the last mill from his Aquisition for his latest greenfields expansion. It's who you know isn't it!
    The several million dollar question is do they have the cash to bring it all on? Is ten mill enough?
    These guys currently have gold bearing ore sitting around in heaps don't be suppressed if they cut a deal toll treating this stuff,Dawes will run this like a grazier.....nothing will be wasted. Quite literally there's money lying around in piles at Bullant.
    What you need to understand is that this isn't a bunch of Perth "smart types" operating here. Birthplaces like Kambalda and Boulder count for a lot in the Goldfields.There are many Snr ex Western mining types who have had the door held open by these guys as they established their own operations ....... ie Les Davis
    If you know Kal at all it's more a question of who don't they know.If you know Kal you realize how important all those relationships are. From my perspective it's quite exciting.
 
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