KGL 0.00% 9.5¢ kgl resources limited

newsletter tip explains buy depth this morning, page-5

  1. 8,972 Posts.
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    Not much in there that knowledgeable shareholders like us don't already know leboj...but plenty that the general public (and their clients) wont know.

    Probably the best para is the quote from Simon Milroy (who the writer smartly chatted with):


    >>>
    According to managing director Simon Milroy:
    We expect to get paid 97% of the contained
    gold in the concentrate (i.e. 97% x ounces of gold
    x USD$1,200). The reason the gold payment is
    so high is because the grade of the gold in the
    concentrate is high. The final outcome will depend
    on where we send it, but the range of offers we got
    was from 95% to 98%.

    <<<

    Mind you im only up to page 5 of reading :-)

    Cdchi1
 
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