Bravestoker2, thought i would do some quick calculations and i dont know if my fiqures are correct, but if they are correct, we need a rerating.
As per scoping study
1009466 recoverable oz au 11277199 recoverable oz ag
multiply those by $489 for au and $11.5 for ag
operating profit at $900 for au and $15 for ag was $260 million
Add approx $493 million for au Add approx $130 million for ag New operating profit before tax over 10 year mine life is now approx $843 million. this is only a quarter of what is at Cerro, without what we have at kalman, i know the figures are rough but soon or later we have to come under notice from the big boys, hopefully the feasability study will enlighten people to the potential here
KMN Price at posting:
13.0¢ Sentiment: LT Buy Disclosure: Held
