certainly is one of the oddest, and most leveraged vehicles to success, KIKO.
the formula is kiko = 2xkik -9, (4+5ops)
So, if it all goes to plan, and NDO run to say 60c, then KIK ought to go to let say 35c.
then KIKO would value to 60c also. (2x35-9)
KIKO 1.4c to 60c =42 x
NDO 10c to 60c = 6x
Interesting thought, while gindara is a 2:3 KIK/NDO, and with similar script, i would expect that KIK would track at 1:2 for ndo, givn NDOs other assets.
How much, is the Gindara bird in the hand worth? (in saying that NDO have other assets, the one you have vs the exploration acreage and galoc)
KIK Price at posting:
2.2¢ Sentiment: Hold Disclosure: Held
