KAL 5.00% 1.9¢ kalgoorlie gold mining limited

incredible prospects for kal

  1. 946 Posts.
    Gents just remember that the key to being successful in the stockmarket is recognising apparent arbitrage in the market. Essentially it is integral to find companies with great fundamentals, solid and trasparent management, a thriving sector and an exciting resource which may inspire the market. KAL ticks all those boxes, my broker from Bell Potter and a close friend from Patterson's continues to consider this one of the best small cap companies in the resource sector. They have maintained their short term target estimate of 50c with potential blue sky post the resource upgrade.

    The key factor to consider when evaluating this company is the Market Capitalisation($25m) compared to inground JORC complied resource valued into the Billions. Looking at this from an objective perspective this a screaming buy. Not since picking Conquest Mining (still holding) in the 20's have i been as excited about the potential prospects of a company.

    If you have purchased - Congratulations!
 
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Last
1.9¢
Change
-0.001(5.00%)
Mkt cap ! $5.135M
Open High Low Value Volume
2.0¢ 2.0¢ 1.8¢ $29.02K 1.515M

Buyers (Bids)

No. Vol. Price($)
2 354036 1.8¢
 

Sellers (Offers)

Price($) Vol. No.
1.9¢ 130151 1
View Market Depth
Last trade - 14.39pm 07/11/2024 (20 minute delay) ?
KAL (ASX) Chart
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