should start to attract attention

Well production seems well established.
I attempted a crude analysis of gross copper sales revenue.
On a steady state production as per this last announcement
I estimate $26m revenue.

I think KBL warrants a upward rerating.



KBL analysis 12Dec11

first 3 shipments 2,707.0
3 weeks concentrate 902.3
Number of shipments pa 17.0
Concentrate shipment pa 15,339.7
contained copper at 25% 3,834.9
copper price $/ton $7,000.00
annual value $26,844,416.67
no of shares 166,702,510
earnings per share 0.161