I think what we can take out of the down under conference is that the team at Kogi are confident of producing a product that can be sold with room to move on price. With the resource that has been proven and a high possibility of more to come with only 20% of the anomaly investigated and the comment I liked is that they are not interested in proving up the resource over the next 10 years. one of the best ways of derisking the company is to start production.The board seems to have this at the forefront and this can only be good for shareholders. A start in two years with a ramp up over another two, with further resource upgrades on the way. What more can you ask for?
KFE Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
