Fast, my personal view is above the previous highs, so definitely in the 60s. I'm just saying above 30c for a short term target, because it won't get to 60c overnight, especially over the XMas holidays.
Irrespective, I won't be selling my holding under what I believe it's worth, which is above the previous high (66c). The announcement today is a very positive reinforcement on the decision management took to walk away from their previous exploration target on another tenement, save themselves (and us shareholders) the $1.5m option fee, and proceed to the more economically viable target at Epanko.
They weren't drilling holes just to dig holes. They were drilling holes in preparation for becoming a miner.
KNL Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held
