KMC kalgoorlie mining company ltd

strong buy--gold production underway, page-4

  1. 14,569 Posts.
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    JORC isr 96koz Inferred resource /indicated will double that easy....
    but don't go off the JORC with KMC as drilling has showed so many high grade good widths all round the site most likely KMC will have at least a couple smaller open pits as well as the bullent underground deeps to add major 1moz resource planned by DEC this year...

    -500kpa plant paid for on site commissoning in 2012--toll teatment underway keeps likely 700k+ cashflows coming in per month..

    -GRADES are king when it comes to costs per oz of productors so many gold producers fail even with 1moz+ resource because their average grades are low 1.5g/t etc what I like with KMC is the historic production from bullant of 347koz @
    ---4.69g/t gold ...!!! so this would mean the average costs would be very good
 
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