Coffee with Samso Episode 25 with Ed Turner, CEO, Kingwest Resources Limited (ASX: KWR)
Over the last two decades, there has not been enough exploration to keep pace with the depleting resources of ongoing mines. The recent M&A activity with producers in the Eastern Goldfields is proof that if you cannot find more resources, you buy them. If I am not mistaken, this championing of more exploration has been echoed for the last twenty years. There have been discoveries. However, industry experts will agree that there is still a large gap between what is required and what is produced.
Kingwest Resources Limited (ASX: KWR) is one of those companies that are putting words with their wallets. A raise of AUD4M recently with an oversubscription of an additional AUD6M is very promising. The company is exploring the highly prospective Menzies Goldfields looking to replicate the high-grade nature of historical mine production.
In this episode of Coffee with Samso, I speak to Ed Turner, the CEO for the company. We talked about the company and why the Menzies projects are of great interest to investors. I should say that I am curious about what they will uncover in this area. As a die-hard exploration geologist, I am waiting in anticipation of some results.
Podcast
Disclaimer
The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints. Read full Disclaimer.
www.samso.com.au
If you find this article informative and useful, please help me share the information. I try and write about topics that are interesting and have the potential to be of investment value. It is not easy to find stories that fit those parameters.
If you or your organisation see the benefit of what Samso is trying to achieve and have a need to share your journey, please contact me on noel.ong@samso.com.au.