It usually takes about 2 to 3 years before they can start mining once the test drilling stage is over with. That does not mean the company is worthless for 2 to 3 years because they arn't mining yet.... Once the test drill results come back and we know whats actually in the ground and roughly how much it's worth, the value of KATX will only go up from there.
A JV could happen at anytime, there could already be one worked out, they might work one out for Handcamp at the Expo, they might work one out once test drills come back, JV could anytime. As soon as a mining company sees value in one of KATX's properties, they will try and form a JV with us.
Once we drill handcamp, and get the results back, we will know roughly whats in the ground there and what it's worth. Assuming the numbers are good, that will greatly increase KATXs pps and value, as well as open up the doors to mining companies which are looking to partner up with companys like us.
But Keep in mind Handcamp is only 1 of 6 of our properties and might not even be the first to have a company JV on. Regardless of that, once we get our first JV, that will also greatly increase are pps and will pretty much mean mining is only a few years a way, and then revenue and profit flow in.
But inbetween that time, in the 2 or 3 years it takes to get all the perments for mining, KATX wont just be sitting there idle. We will have 5 other properties that we will continue to build up and do geo work on and test drill. 2 of those properties are already ready for yest drilling right now for the most part. So KATX will continue the work, and start test drilling on them, getting great results back which will add yet more value to the company and raise the pps yet even more. And then of course more JVs will take place for the other properties.
So what will happen will be a type of snow ball effect where it will still be 2 or 3 years before they start making money off the first property, but they will still be greatly increasing shareholder value by developing and PROVING the other properties they own.
KATX will have enough money on it's own to easily last until they start mining their first property. And any JV they sign will have their partner putting up a good bit of the money, if not all at first for the mining work that is needed.
The most important thing to the pps short term and mid term are the technical results from any test drills they do, and any joint ventures they sign. Revenue is not something that is important at all in the short term or the mid term. As noted above there are plently of things for them to do to increase shareholder value between the time they form a JV and the time they mine.
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