great announcement!! resource upgrade can only mean one thing HIGHER PRICES .
it's only a matter of time before some large co knocks on the door and says love the story how much money do you need to get this smoking!!
KMC is in a great position,due to the following 1)a very good resource ,which is getting bigger and the grades are consistent,more upgrades to come 2)they have there own power etc.. 3)barrick processing ore now, instant cash flow 4)another revenue cheque due 5)building their own mill and this is the key to all projects, if a company can treat there own ore it save's huge amount of cash and bigger cash flow coming in instead of going out,fast forward 12 months i say
its only a matter of time..TOOT TOOT and one for good luck TOOT
KMC Price at posting:
4.4¢ Sentiment: Buy Disclosure: Held
