It is nice, and also comforting, to see KGL's sp tracking higher with sales at 60c this morning.
The gold price is also moving nicely upwards which will benefit KGL. Now at around $1760 and ounce!
KGL's half yearly report is a good one, plenty of positive news. Jervois has a predicted free cash flow of $388 million per year!
The Andash environmental study is due out in the next 2 or 3 weeks. Everyone's hoping that the Russian experts get it right!
About $30 million in the bank.
There's also some bigger buyers in the market, with an order for 70 000 shares and an order for 50 000 shares.
So longer term all is looking good for KGL. Hopefully the worst is over for KGL and its long suffering shareholders and the sp keeps rising. Some more institutional buying would be timely now!
Ann: Half Yearly Report and Accounts , page-6
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Last
10.5¢ |
Change
-0.010(8.70%) |
Mkt cap ! $59.56M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 10.5¢ | $30.08K | 278.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 206666 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 150000 | 1 |
View Market Depth
| Last trade - 12.56pm 08/07/2024 (20 minute delay) ? |
| KGL (ASX) Chart |