KAU - Kaiser Reef

[houtman]

This is informative.

• highest grade mine in Australia
• Bottlenecks have been sorted.
  • HV upgrade
  • Generators
  • Ventilation
  • fleet upgrade
• All upgrades completed while maintaining profit.
• Mill Liners changed out so no more/minimized gold retention
• Still mining remnant ore
• Soon mining virgin ore
• Few weeks from a radical change in production rate.
• Upgrades will double production rate.
• Own their mill
• Mineralisation as deep as they have drilled

as Downes says, "fascinating and a little bit different"

 

[Telamelo]

 

[Telamelo]

This is informative.

• highest grade mine in Australia
• Bottlenecks have been sorted.
  • HV upgrade
  • Generators
  • Ventilation
  • fleet upgrade
• All upgrades completed while maintaining profit.
• Mill Liners changed out so no more/minimized gold retention
• Still mining remnant ore
• Soon mining virgin ore
• Few weeks from a radical change in production rate.
• Upgrades will double production rate.
• Own their mill
• Mineralisation as deep as they have drilled

as Downes says, "fascinating and a little bit different"

KAU chart shows that earlier 'open price gap' @ 0.185c has since eventually filled/closed this morning.. perhaps expect sp 'support to kick in' around 0.185c/0.19c imo let's see dyor

 

[Telamelo]

Just like clockwork.. KAU bounced after closing gap @ 0.185c with sp now @ 0.20c +5.26%

 

[Telamelo]

KAU nice uptick with 'offscreen buying' now @ 0.21 +10.53%

 

[Telamelo]

Nice to see decent size $221K bid step up @ 0.195c this morning..
*upcoming quarterly scheduled 26/07/2023 should be very promising imo given ramp-up in high grade gold production .. dyor

 

[houtman]

KAU sound happy with the outcomes of their infrastructure upgrades.

We probably wont see the financial benefits until the Sept qtly though.

Exploration upside with a positive cashflow is the aim here.

 

[Telamelo]

Somewhat a little surprised given recent announcement per below that KAU still a bit of a sleeper trading @ 0.205c (albeit AUD Gold price has retraced in recent times).

 

[Telamelo]

Somewhat a little surprised given recent announcement per below that KAU still a bit of a sleeper trading @ 0.205c (albeit AUD Gold price has retraced in recent times).

View attachment 158386

KAU retraced yesterday closing @ 0.19c .. though a big 304K bid stepped up this morning @ 0.195c for any taker's.. sp seems currently cheap/undervalued to me imo but who am I to disagree with market sentiment

 

[Telamelo]

*Excerpt from *stockhead article this morning

Unlike many junior gold plays, Kaiser Reef has distinguished itself by having already established profitable production from its A1 Mine, selling 3,376oz of gold at an average price of $2,807/oz in the March quarter for $9.48m in revenues versus total costs of $8.09m.

And it is now poised to take production even higher after completing significant debottleneck and infrastructure improvements such as modernising the SAG milling operation to ensure the plant could be operated and maintained more effectively, expanding the underground remote mining fleet, improving ventilation infrastructure and accessing ore bodies developed over the previous quarter.

The company is clearly confident enough in all this activity that it is projecting a doubling in mine output from the current 2,000t to 2,500t per month to between 4,000t and 5,000t.

Recent drilling has also delivered exceptional results including 4.4m @ 118 g/t gold from 25.4m, 1.75m @ 53.8 g/t gold from 40.9m, 15.20m @ 3.01 g/t gold from 51.4m and 0.25m @ 2,006 g/t gold from 66.65m which bodes very well for the ongoing exploration and mine development.

This will go a long way towards ensuring the company has sufficient resources to continue feeding its production operations.

 

[Telamelo]

KAU technical analysis shows oversold stochastics imo noting *quarterly report due around 26th July

 

[Telamelo]

KAU technical analysis shows oversold stochastics imo noting *quarterly report due around 26th July

View attachment 159340

sp edging higher @ 0.205c

*quarterly report due next week

 

[Telamelo]

sp edging higher @ 0.205c

*quarterly report due next week

View attachment 159836

KAU announcement just released

 

[Telamelo]

KAU announcement just released

View attachment 159841

KAU technical analysis update

 

[houtman]

I do like those drill results, but the best part of the announcement to me is this-

In addition, Kaiser is pleased to report that the increased planned production rate, which
commenced in mid-June and was facilitated by substantial capital investment, is being
sustained at between 4,000 and 5,000 tonnes

That means their planned doubling of production rate is holding up.
Commenced mid June so they have had 5 weeks of it, happy with that.

The June qtr won't show any/much of it in dollars but looking fwd to Sept 1/4.

They are systematically improving the assets without over-reaching, a nice change at this end of the market.

Happy to hold, and too bad if I wanted to sell, there's bugger all volume.

 

[Telamelo]

I do like those drill results, but the best part of the announcement to me is this-

In addition, Kaiser is pleased to report that the increased planned production rate, which
commenced in mid-June and was facilitated by substantial capital investment, is being
sustained at between 4,000 and 5,000 tonnes

That means their planned doubling of production rate is holding up.
Commenced mid June so they have had 5 weeks of it, happy with that.

The June qtr won't show any/much of it in dollars but looking fwd to Sept 1/4.

They are systematically improving the assets without over-reaching, a nice change at this end of the market.

Happy to hold, and too bad if I wanted to sell, there's bugger all volume.

KAU on top

 

[Telamelo]

KAU on top

View attachment 160092

KAU - a little weak retrace below 0.20c with some big decent bids stepping up to the plate around 0.19c level as we await quarterly report any day now

 

[houtman]

Kaiser are delivering as they previously indicated.

The substantial increase in tonnes should show in the Sept 1/4 numbers, followed by the transition from remnant to virgin levels in the Dec 1/4.

A comfortable hold for me.

 

[Telamelo]

View attachment 161000



Kaiser are delivering as they previously indicated.

The substantial increase in tonnes should show in the Sept 1/4 numbers, followed by the transition from remnant to virgin levels in the Dec 1/4.

A comfortable hold for me.

KAU - Annual Report to shareholders

 

[Telamelo]

View attachment 161000



Kaiser are delivering as they previously indicated.

The substantial increase in tonnes should show in the Sept 1/4 numbers, followed by the transition from remnant to virgin levels in the Dec 1/4.

A comfortable hold for me.

" KAU remains unhedged, debt free and poised to increase production & profits into the next year "