KGL 5.26% 10.0¢ kgl resources limited

Latest update from RBS Morgans:"Kentor Gold (KGL) reported a...

  1. 14,880 Posts.
    lightbulb Created with Sketch. 479
    Latest update from RBS Morgans:

    "Kentor Gold (KGL) reported a setback for the Andash gold-copper project development (KGL 80%) in Kyrgyzstan, after opposition from local interests, who are at least in part motivated by the effect of a new employer in the area and a resultant increase in local wage rates.
    We now model a 12-month delay in development until next year?s northern summer, although the company believes
    it can commence construction in any season."

    So RBS have pencilled in a June 2012 commencement of construction for Andash. Commissioning therefore expected June 2013.

 
watchlist Created with Sketch. Add KGL (ASX) to my watchlist
(20min delay)
Last
10.0¢
Change
0.005(5.26%)
Mkt cap ! $61.57M
Open High Low Value Volume
10.0¢ 10.0¢ 10.0¢ $1.02K 10.2K

Buyers (Bids)

No. Vol. Price($)
1 89800 10.0¢
 

Sellers (Offers)

Price($) Vol. No.
10.5¢ 98956 3
View Market Depth
Last trade - 11.35am 05/11/2024 (20 minute delay) ?
KGL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.