Value proposition

Kaiser Reef continues to improve its value proposition

Kaiser Reef Ltd (ASX:KAU, ASX:) Jonathan Downes sits Proactive‘s Elisha Newell to explain the company’s value proposition. Downes points to several advantages of Kaiser Reef over its peers, including the low number of issued shares and healthy cash position, which indicates an enterprise value of around $15 million. Kaiser Reef is also one of Australia’s highest grade gold producers with 14 grams per tonne recovered. KAU’s Managing Director talks about the ongoing drilling program at the A1 mine where he just received encouraging gold results, including bold grades. KAU is targeting high-grade veins that are critical to ongoing development and expansion plans for future production. To top it off, Downes points to KAU’s 100% ownership of its mining fleet, processing plant and mining assets, making the company an “exceptional value proposition.”

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