KCN 4.43% $1.65 kingsgate consolidated limited.

Let say we got our usd75m existing loan facility back from thai...

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    Let say we got our usd75m existing loan facility back from thai bank to restart the mine.

    Year 1. 100k-150k production (including stockpiles)
    net profit will be above usd850 per oz total 85m to 127m.
    Reinvested half for exploration activities and good news will be in every week next 5years.

    Year 2. 200k-300k production
    profit still usd850 plus per oz
    net profit 175m to 255m
    reinvested half for exploration activities

    Y3…….,

    initially we will start our valuation with estimates of 2m ounces of gold which will be approximately $5 to $6 but with exploration news it will start to grow month by month and within 2 years we can see ourselves with an estimate of 10m ounces of gold. My call is $5-$25 (0-2years)



 
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