Lory
This is a speculative microcap which by it's very nature is open to speculation, forecasts and and estimates. Once the JORC compliant resource is available then we will have some facts. Read the announcements - you will gain some valuable insights.
You were disputing in a previous post that potential is not factored into the valuation of a company. Potential is without a doubt factored in - and l will once again say - anyone would be naive to think otherwise.
In my opinion, this is a natural retracement to the 2 cent placement price. We are now waiting for the JORC compliance to set a new higher low. Judging by the polarised view on this forum then there might be some wild share price fluctuations in the mean time.
Don't be disheartened by feelings of negativity. The one constant we have here is that the share price will not stay the same for very long.
By the way Lory, what do you (not Mr Market) think is a fair and reasonable market capitalisation for Kaboko? You can provide forecasts as most financial experts, brokers and insitutional houses do that for a living. By the way, l won't use your forecasts as evidence in a court room!
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