KSN is due to finally drill its exploration targets that sat untouchable on the US navy base at Cultana SA in the Gawler crayton area in the next 3-4 weeks
The program had a number of delays and the stock suffered tax loss selling , and a massive effect from a change of business that saw old shareholders exit over the last few months
Seems as though as the date of drilling approaches the stock is showing early signs of recovery , and appears all the sellers have dried up , worth keeping an eye on , any drilling success so close to the BHP prominent hill project would get major following .
I hold SER and KSN but think even though KSN holds only 25% of cultana I think with less shares on issue there is more bang in them if cultana is a winner
