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4.00% 12.0¢ kings minerals nl

good risk, page-3

  1. Blythefan
    3,055 Posts.
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    26/03/09
    13:57
    Post #: 4946772
    Peter,

    Kalman looks reasonable as a 26Mt moly play. I think this is a pretty good deposit, but it is a tenth the grade of IVA's stuff. I'd still say it would be doable as a mine...the copper-equivalent grade is close to 2% when you account for moly, rhenium and gold. Depends what price you use for Mo, though.
    KMN Price at posting: 7.0¢ Sentiment: LT Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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