possible strong rebound, page-3

good post

but then again, watso holds, and likes to read anything that supports his position - but then again watso likes to hear both sides

in a nutshell, if syama is a dud, then the present price is fair, as it maybe supported by the oxide ore (particularly finkolo where there is room for more ore, and the area south of syama, as well as to the north). if syama is good, then this is seriously underpriced. some good comments on the rsg thread - particularly relating to the very high chance of hydro power being used a couple of years down the track.

keep in mind, that kcn are using hydro power, and energy is represents a significant production cost, but if they (kcn) were using diesel (like rsg will initially), then the energy cost would be 5 or 6 times higher- just think of rsg using 80% less cost for energy - then that is something worth thinking about (so long as they do not go broke in the meantimne)