ASX down 6.9 points today yet KRC up 5 pips at one stage but closing up 4 pips at 9.3¢ was very good. Slow and steady for the next 10 business days so KRC will have what holders of options and shares alike the 10¢ minimum. The 9.3¢ was my 1st resistance and would like to see it BO tomorrow and hit the second resistance at least of 9.5¢, so that the next 9 days it will slowly rise to 10¢ and hopefully for all above that price.
It is achievable considering we have more results coming out of Mt Remarkable soon 12-06-2018 Ann " Samples have been delivered to the laboratory and assays are pending." also "The diamond drill rig is expected to arrive in the coming week." Along with an update on the vanadium, and update on the CS/SS.
I don't know the exact number of options that are left but there were 124M. Out of that 60M are underwritten leaving 64M. Lets say out of the 64M only 50M get exercised that would still give KRC around $12.5M including the $1.5M in cash already.
23-04-2018 announcement.
Q3 2018 Advance discussions with potential joint venture parties on completion of the Scoping Study
Whitewater Volcanics regional exploration and drilling
In bulls and bears interview from January 2018 and the timeline 09:00 through to 09:30. (Not quoted) Mr Barton talks about a $200M - $300M project and that their mission is to spend the next 6 months doing all the scoping work, completing the metallurgical test work to de-risk the project as much as possible. Then shopping around for a JV partner which would be a global scale company.
Its coming up to 6 months for the company mission as stated before, so things are lining up very well.
June 30 Option exercise time
July 13 Bonus options
July to September Advance discussions with potential joint venture parties
Q4 2018 2 deep diamond holes under copper/gold targets at Speewah
Whitewater Volcanics regional exploration and drilling
Tennant Creek drilling of some high priority targets
Yes I have been buying on the dips and I am looking forward to the next month and Christmas for sure.
All constructive criticism welcomed, as these are my thoughts and interpretation that I post, and they do not replace professional advice and no one can truly predict, in any way, future trade quotes and performance. Good luck to all that hold.
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.75M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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22 | 5559565 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 1165163 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
22 | 5559565 | 0.009 |
10 | 29980304 | 0.008 |
6 | 6133515 | 0.007 |
7 | 5489807 | 0.006 |
13 | 9149887 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 1165163 | 4 |
0.011 | 1970000 | 5 |
0.012 | 1392985 | 8 |
0.013 | 1826567 | 7 |
0.014 | 4060413 | 10 |
Last trade - 16.12pm 03/09/2024 (20 minute delay) ? |
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