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KGL, KGL RESOURCES LIMITED
melua
post Posted: Dec 29 2014, 07:29 PM
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In Reply To: bereal's post @ Dec 28 2014, 09:14 PM

I think the resource has enormous potential but it will require extensive drilling. JV partner with deep pockets is in order.

 
bereal
post Posted: Dec 28 2014, 09:14 PM
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In Reply To: melua's post @ Dec 28 2014, 11:54 AM

Yes the PFS does indicate additional drilling program, assuming to address this. May also address why resource is 25mt but life of mine is only 7yrs by 2mt, does that mean 11mt is uneconomical to mine based on current modelling? It is a significant proportion of total resource if so. Some of the planned drilling appears to target gaps between pits, perhaps to reduce this uneconomic portion if that is what it is? On the low C1 costs, I am guessing this must be due to silver credits and the copper recovery percentage being good.

 
melua
post Posted: Dec 28 2014, 11:54 AM
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In Reply To: bereal's post @ Dec 28 2014, 11:26 AM

I think there's no doubt KGL have to prove up more high grade areas close to surface.

 
bereal
post Posted: Dec 28 2014, 11:26 AM
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In Reply To: melua's post @ Dec 17 2014, 06:44 AM

OZblue from across the road seems to raise some concerns over mining costs assumptions and resource continuity/width.His concerns seem reasonable to me, your thoughts. Some concern over open pit as well due to resource width.

 
melua
post Posted: Dec 17 2014, 06:44 AM
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In Reply To: melua's post @ Dec 9 2014, 08:25 PM

Down to 14c yesterday.

 
melua
post Posted: Dec 9 2014, 08:25 PM
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In Reply To: melua's post @ Nov 19 2014, 12:11 PM

Voila! There it is. Sub 20c.

 


melua
post Posted: Nov 19 2014, 12:11 PM
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In Reply To: wolverine's post @ Oct 17 2014, 02:04 PM

Chance to get some stock below 20c the way it's trading.

 
wolverine
post Posted: Oct 17 2014, 02:04 PM
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In Reply To: melua's post @ Oct 17 2014, 01:15 PM

None at all



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I AM THE OTHER WHITE MEAT
 
melua
post Posted: Oct 17 2014, 01:15 PM
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In Reply To: wolverine's post @ Oct 17 2014, 10:37 AM

No need to be chasing prices in this market.

 
wolverine
post Posted: Oct 17 2014, 10:37 AM
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In Reply To: melua's post @ Oct 17 2014, 10:19 AM

240k at 29c if you are that keen



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I AM THE OTHER WHITE MEAT
 
 


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