KMN 4.00% 12.0¢ kings minerals nl

starting to move

  1. 37 Posts.
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    Core data just released by kings seems to back up my calculations 100000 oz per year prduction potential at $ 300 to $400 profit per oz gives a very nice number Finance is a risk but finance required should be less than first thought as strip ratios are fantastic and as stated in core data first stage of pit development involves minimal waste mining and having a free dig will reduce upfront capital requirements time to start up and operating costs Could be a wonderful opportunity at these prices It sounds to good other than getting finance what is the catch. Can all the skeptics out tell me where im wrong
 
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Currently unlisted public company.

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