Kimberely Diamonds

  1. 2,218 Posts.
    A strong day for KIM on Friday. hopefully we will not see the wrong side of 65c again.

    For those interested, I understand there may be plans to double processing capacity from the 700,000 tpa plus by installation of a second plant earlish next year if KIM can significantly increase the Ellendale 4/9 surface enrichment resource from its current 1.5 million tonnes. The announcement of 27/3 already suggests that this should be able to be increased to 2.2 million tonnes without too much effort.

    For me however, the most interesting thing will be the bulk sampling results from the newly discovered pipes on the fissure systems. If results suggest these are goers, I would think we should see $1 in quick time. However, we shall have to wait.

    angus

    I have interests in Kimberely
 
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