KZL
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0.00% 12.0¢ kagara ltd

feasibility of admiral bay v's strong $aud, page-10

  1. Hugeorgans
    276 Posts.
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    14/01/11
    16:06
    Post #: 7737443
    Not so simple. They would have to build a decline down to around 200m + ventilation. CAPEX would be in the 20 to 50M range. Plus they would need to intergrate their development plans with MUXs likley open pit extention. They would probally need to find atleast 1Mt+ before getting to excited. Nice find though!
    KZL Price at posting: 83.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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