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KGL Resources (ASX:KGL): Green light for Jervois Project, the road to first copper begins Analytics Table
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About KGL Resources (ASX:KGL): Green light for Jervois Project, the road to first copper begins
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KGL Resources (ASX:KGL) has got the green light to build its wholly owned Jervois copper project in the Northern Territory. Since last speaking with The Stock Network in August, KGL has received the full early deposit from Wheaton Precious Metals, joined the All Ordinaries index and added a new independent director to its board. KGL Resources Chief Executive Officer Sam Strohmayr joins The Stock Network's Lel Smits to discuss the final investment decision, the Jervois processing plant and the road to first copper. 1. Locking in Jervois costs with most contracts already signed The board approved the final investment decision with more than half of the Jervois project cost already under signed contracts. Which major packages are still to come, and how certain is the budget? 2. Designing the Jervois processing plant with room to grow KGL has awarded Sedgman the Jervois processing plant contract and widened its scope so future plant additions can be installed early at lower cost. What could those additions be, and why plan for them now? 3. Taking Jervois from construction to full production With construction moving ahead, what work on site comes first, and once the plant is built, what does the ramp-up to full capacity involve? _ _ _ Subscribe to TSN's YouTube channel for the latest stock content: https://www.youtube.com/channel/UCEEVNCMFSRxFa0Bb2wKLS0g?sub_confirmation=1 _ _ _ Follow TSN for the latest stock news and interviews: Twitter: https://twitter.com/thestocknet Instagram: https://www.instagram.com/thestocknetwork/ LinkedIn: https://www.linkedin.com/company/the-stock-network/ TikTok: https://www.tiktok.com/@thestocknet?lang=en Facebook: https://www.facebook.com/TheStockNet/ _ _ _ Connect with our host Lel Smits online - @LelSmits - Twitter / X: https://twitter.com/lelsmits - Instagram: https://www.instagram.com/lelsmits/ - LinkedIn: https://www.linkedin.com/in/leldesmits/ - TikTok: https://www.tiktok.com/@lelsmits?lang=en - Facebook: https://m.facebook.com/lelsmits/ - Threads: https://www.threads.net/@lelsmits _ _ _ Disclaimer The material contained in this post is general in nature only and does not constitute personal financial or legal advice. None of our material should be regarded as advice and you should not rely on any of the content of this post without first obtaining specific professional advice. We give no warranty to the accuracy, reliability or completeness of information that is contained in this post and exclude liability for any loss. This post may contain views and opinions which are those of the authors and do not necessarily reflect the official policy or position of any other author, agency, organisation, employer or company. We are not liable for any comment published by users and reserve the right to delete any comment for any reason whatsoever. We have commercial relationships with some of our contributors, and we may receive payment or other benefits from this post. Please see The Stock Network website for our full content disclaimer. _ _ _ Visit TSN's website to sign up for regular stock updates: www.thestocknetwork.com.au _ _ _
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