I have just discovered this company, so you say its got 7million ounces of gold and its worth US$8billion, and we have a market cap of $27MILLION, and I thought a gold stock trading at $27 would be expensive, at $27 this looks cheap dosent it?
where are the companys assets?
what are its AISC? is it going alone or with a JV partner?
does it need to do any raisings any time soon?
is the management good?
if gold stays around AUD$1600, whats a fair price for KLA $50? $100?
cheers.
KLA Price at posting:
$27.50 Sentiment: None Disclosure: Not Held