Thanks got it. I respond soon. Bit more info here on the road plans. We're probably boring the hell out of people here with such tedious tid bits, so we take any further posts after this one offline re: road infrastructure.
On page 20 and I gather this means they are widening and sealing 60-100km of this stretch of road or just between 60km and 96 i.e. 36km - budget 3.5 mill.
The major works is budgeted for 18.5 mill and is Pavement reconstruction of the Kennedy Development Road - (Mt Garnet – The Lynd)
There is a 3rd tender too.
So what does all this mean?
It Looks like Kagara have told council they plan to target production at Einasleigh by Q4 this year or Q1 2013. There's what? circa 160,000t of copper at Einasleigh, so Kagara's future looks definitely secure. The road plans certainly indicate that's what they are going after post Baal Gammon/Balcooma.
West 45 also looks like having good potential for next zinc. I think the decline had -90m to go to reach first ore graded 11.2% after advancing +341m before being put on care and maintenance. Basically, West 45, King Vol, Waterloo and Liontown are almost all good to go and production can be ramped up pretty quick while they mine away 20-40ktpa of copper from Einasleigh for 3-4 years. Very clever Geoff. Very clever indeed.
KZL Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held
