KAU 0.00% 16.5¢ kaiser reef limited

Ann: New Gold Discovery, page-40

  1. 827 Posts.
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    definitely, I'm a bit greedy and hope it falls a little more, I'll be backing up the truck at 12-13 cents.
    Good buying opportunity but lack of volume and liquidity is not great and will likely pose a long term challenge for creating long term sustainable so appreciation.
    Still if they can get some strong cash build over the next two quarters we could have a 50% cash to market cap ratio and maybe even a capital return to shareholders.
    I personally think I buyback should be considered rather then a dividend is sp stays around sub 20c but lets see what happens.
 
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