Movement @ The Station, page-120

Keeping a very close eye on KMT and have taken a significant position here over the last few months. Uranium spot price is on the rise and will continue on its merry way particularly now the US is considering imposing Uranium sanctions on Russia , culminate this with more countries around the world looking to embrace nuclear energy heading towards a greener future and we have the perfect storm for KMT IMO .

All boxes for the Niger Uranium aquisition have been ticked with the 2-year Tenement Extension recently being approved by Niger Minister of Mines which was the final cog in this developing story .
Next market catalyst should be the conversion of resource to JORC compliant code which will capture the markets attention IMO then the expansion of the resource with further drilling.

Now is the time to get set before the crowd arrives and you only have to look at most of the other asx listed U plays to see where this is heading ! I’m anticipating a MC between 60- 80 mill soon then from there over 100 mill MC with further favourable results from exploration is very possible . GLTAH

Here’s what the MD has to say and it’s pretty exciting-

Kopore’s Managing Director, Caroline Keats said “We are incredibly excited to have completed these final conditions for the Transaction and are ready to hit the ground running in Niger with our fieldwork and ground mapping program. We are also working towards undertaking our maiden drill program in the near future and also updating the historical mineral resources estimate to JORC 2012.As previously advised in our December 2021 Quarterly Activities Report, we have been undertaking an orderly sale of the ARC Minerals Limited shares. This has now been completed and we have bolstered our cash position to approximately $2.4 million. This will enable the Company to commence Project exploration activities in this highly prospective uranium region as soon as completion of the Transaction occurs.”