PINL:VLTAF - Post by User
Comment by
Gowest-Klondexon Apr 13, 2012 4:48pm
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Post# 19792510
RE: Putting time in perspective
RE: Putting time in perspective It's not about adding ounces now. Listen to KB presentation - It's about finding high grade material to:
1. Start a high grade pit at Kiaka south, halving the capex costs for the first couple of years, then build expansion for KMZ
2. Blend the high grade ore with KMZ
3. Do both.
I doubt it will be number 1 or 3. So if we can find enough material to raise the overall grade of Kiaka, to 1.6 g/t+ that is a 50% increase in grade meaning better economics. So I think you're quite wrong in your assessment.