I was holding a few KBL - its a nice turn around story but I dont think it will have the legs. Problem being the resources are not stacking up - at least not to sustain a long term operation out of Mineral hill - Pearce has about 6 months left in it, Pearce north has an inferred resource of 298kt at 2.5g per tonne AU + 21g per tonne AG... The reserve is less than 15000oz contained gold. Sorby is miles off being developed. The underground stuff is also pretty far from being developed and requires a fair bit more work before they can prove it up and develop it.
I reckon it is undervalued but they need to make a bigger discovery to really kick things off IMO. I offloaded today at a loss on it - not because I didn't believe I would get any return, just needed the capital. Unexpected expenses - YAY!
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Mkt cap ! $10.11M |
Open | High | Low | Value | Volume |
3.7¢ | 3.7¢ | 3.6¢ | $2.007K | 55.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 13823 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.0¢ | 50000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 13823 | 0.036 |
1 | 131956 | 0.034 |
1 | 60057 | 0.033 |
1 | 1030 | 0.030 |
1 | 19500 | 0.026 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 50000 | 1 |
0.045 | 100000 | 1 |
0.047 | 15967 | 1 |
0.050 | 162510 | 1 |
0.055 | 834 | 1 |
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