KTA 3.85% 1.4¢ krakatoa resources limited

Ann: Trading Halt, page-12

  1. 45 Posts.
    lightbulb Created with Sketch. 16
    If my calculations are correct, this CR will run quickly and have a brief decline because phase 2 drilling is scheduled to start in early December. With the announcement of the first wave, I firmly expect that prices will return to normal by early December.

    Difference between this CR as compare to other miner's CR :

    The difference between this CR and other miner's CR is that the cash for this one will be used right away for the phase 2 drilling campaign, whilst the funds for the others will remain undisclosed for months with no immediate activities that pertain to the CR's original goal.

    This is a strong proactive teams, not just simply talk the talk, but in order to walk the talk, and to kick things moving, a CR will be required in order to deliver fruitful results for everyone.

    This is a positive CR, without it, a phase drilling could be another 3 to 6 months down the tracks.



 
watchlist Created with Sketch. Add KTA (ASX) to my watchlist
(20min delay)
Last
1.4¢
Change
0.001(3.85%)
Mkt cap ! $6.373M
Open High Low Value Volume
1.4¢ 1.4¢ 1.4¢ $1.672K 123.8K

Buyers (Bids)

No. Vol. Price($)
8 1816722 1.3¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 63468 2
View Market Depth
Last trade - 13.55pm 12/07/2024 (20 minute delay) ?
KTA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.