Short Term Trading Week Starting: 21 Aug, page-8

  1. 14,444 Posts.
    lightbulb Created with Sketch. 2176
    STTCOMP KSN FA LONG

    GOLD/SILVER,Base metals
    Producer/development upside

    468mill shares -63%+ held by top20
    Mktcp-$39Mill\
    SP-7.8c
    CASH-18MIll
    DEBT-10Mill

    IMHO a brilliant GOLD,silver,base metal play at present market value .. with two main projects

    1#-MIneral hill- Processing Infrastructure
    • CIL with 700ktpa
    capacity.
    • Flotation plant capacity
    of 350ktpa.
    • 3 x separate base metal
    concentrates; copper,
    lead and zinc (superior
    payability compared to
    bulk concentrate).

    ML jorc resources GOLD - 323koz SILVER 6,566koz copper 72kt lead 113kt Zinc 81Kt

    5yr+ LOM at present

    • 5 principal target exploration areas close to plant(from just one permit)
    1. Claytons Dam (Au)
    2. Walkers Hill (Au-Cu-Pb)
    3. Long Panel Mine & Websters
    Gossan (Pb-Zn-Cu-Au)
    4. Gleninga (Au)
    5. Yellow Mountain & China Workings
    (Pb-Zn-Cu-Au)

    High potential to add mining inventory from exploration within the current mineral hill leases with 15x leads

    Surrounded by other projects that could be aquired or JVP/toll treated

    #2 -PNG GOLD/SILVER project

    3.8MOz GOLD 22.1MOz Ag

    NPV- A$1Bill++ (at present Au/Ag prices)

    IMHO a major JVP deal with free carry royalty for KSN

    recent Qty production results-MIneral hill-

    https://hotcopper.com.au/data/attachments/5525/5525317-ed2d1c03b33b448398ac8039172f8b46.jpg
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.