Looks like it will be breaking up above 25c up to all time highs very soon
$32m market cap with an extremely tight register (only 127m shares on issue and 77m of those quoted)
$4.5m in cash as at 31 Dec 2012
First 2P & 3P Reserves in April
I know Macquarie has been following these guys for a while and with Wilson HTM handling the last capital raising, the booking of first reserves could act as a catalyst for some broker coverage and significant rerating.
KKO Price at posting:
25.0¢ Sentiment: Buy Disclosure: Held
