KMC kalgoorlie mining company ltd
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6.7c bid, page-16

  1. Alex999
    3,827 Posts.
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    08/12/11
    11:24
    Post #: 9409517
    5.4c bid now - going down like a stone

    Must be some operational bad news (low grades? more difficult mining?). Problems of unfunded plant long ago factored in to sp.

    Amazing that SIs were prepared to give away 30% of their capital just weeks ago at 8c ps

    Getting lined up as a takeover target now? Worth less than what KMC paid for Bullant from ARD and cash in bank.

    Big bounce at some point but where ?
    KMC Price at posting: 2.2¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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