Personally I dont think Jervois is the answer. Too high capex and too long term. Post Andash sale we will have $15mil. We are a junior. We need to aim smaller. Acquire another project and vend it into KGL. Maybe an all script offer. Then use the $15mil to develop it. Much better prospects of short term turnaround.
In hindsight, the poster that said Murchison was probably just purchased to keep management in a job while we waited for Andash is spot on.
We are now in a similar situation. Jervois years away. We need something else with upside to keep them busy and boost the sp to make Jervois more achievable.
Maybe it would have been different had POG reached $2000 and stayed there. But it was a big punt with shareholder money.
- Forums
- ASX - By Stock
- KGL
- when will it turn
when will it turn, page-85
-
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KGL (ASX) to my watchlist
|
|||||
Last
9.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $60.92M |
Open | High | Low | Value | Volume |
9.4¢ | 9.4¢ | 9.4¢ | $414 | 4.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 47202 | 9.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.9¢ | 22662 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 47202 | 0.094 |
1 | 80032 | 0.093 |
2 | 50450 | 0.092 |
2 | 150000 | 0.091 |
4 | 141711 | 0.090 |
Price($) | Vol. | No. |
---|---|---|
0.099 | 22662 | 1 |
0.100 | 99999 | 1 |
0.105 | 4840 | 2 |
0.110 | 40854 | 2 |
0.115 | 5010 | 1 |
Last trade - 10.11am 15/08/2024 (20 minute delay) ? |
Featured News
KGL (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online