Observer1 if the farm in partner stays do you think the terms will be favourable. People were harping on about KIK being free carried on its 15.05% interest once the farm out went ahead. This was always far too good a deal for KIK for a white knight to front up. Now the deal has lapsed new terms will be arranged. If they get a farm out KIK will hold circa ~10% and might not be fully carried through drilling. Time to accept the fact KIK are scambling running out of cash and have no plan B. Development of the shallows even if they get a farm out looks sometime off based on the wording of both kik and ndos quarterly. I think you will be able to pick up many more shares at 0.002 perhaps even 0.001 if larger holders get sick of holding. The draging out of the farm out partner walking away is in slow motion i though the farm in partner was undertaking legal DD looks as though with the timeframe blown they simply are not keen to proceed at this point in time.
KIK Price at posting:
0.2¢ Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)