KCN 0.40% $1.27 kingsgate consolidated limited.

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    We have already received guidance on production from the KCN Presentation on ASIC Cost

    Stockpiles will be processed until September 2023 when mining commences. Forecast 2023 gold production of ~43koz increasing to ~102koz in 2024.

    Since opening was delayed a month it is likely stockpiles will processed until October 2023... unless there some way to catch up. But say they catch up lost month of production and CY production guidance 43 Koz at current POG profit estimate ~ US$30m. Ofcourse we get Royalty concessions the ASIC will improve and we get a better profit outcome for CY23.

    This is where accessing higher grades (main pit) mineralisation open at depth or development of adjacent tenements - see nice high grades need to determine extent of gold minerations in these four repeat system target exploration areas... Is where KCN will in lock the potential of Chatree.



    Last edited by ecker: 22/03/23
 
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