KMC kalgoorlie mining company ltd

BWJ,Given your first-hand knowledge of the mine and its...

  1. 3,827 Posts.
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    BWJ,

    Given your first-hand knowledge of the mine and its management, can you explain for the education of HC readers why you still think you are going to double or quadruple your original investment here. Assume pog = a$1600 and no value in the two north American nickel exploration leases. The recent announcement has a hint how it might happen but doesn't quite connect the dots....

    My take....they're over the start-up hump... mine is now getting up to 3k oz per month and has capacity to increase further...at $500-600/oz that's some good money starting rolling in...320m shares....5c per share in cash...and should be increasing as production increases....new plant or no. Bottom line...this could multiply your original investment just with tolling at current pog...need another 3-6 months of actual results for people to catch on...JORC to grow faster than production for years to come...new plant or no
 
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