Gee, it is a shame... but it can fall just as quick, and yes, they need cash. Keep a look out for their next issue.
I'm looking at KAS's PFS figures and they are okay. An NPV between 79 to 106 million with an IRR of %23.8 to% 28.1 at current tin prices. They are sitting about 2/3 their NPV, yet they don't even have access to a mill.
If we get somewhere around that level, knowing that we do have access to a mill, then all will be good. Our Scoping Study is fantastic, and given the hints from Ralph, our PFS should follow suit... I hope.
Time keeps on ticking!
Add to My Watchlist
What is My Watchlist?