im expecting the goldies to start findng their feet in coming weeks, months and KAL is well placed imo to have a strong rebound before the ops expire ....
some have said management will be happier getting a placement away than having the .20 ops come home. i doubt it. pot of money just sitting there and they have shown that they have the ability to move the price when needed .... the news flow is due to begin and i wouldnt expect they will leave it to last minute to start enticing some oppies holders to part with their dough. for oppies to be any chance you would think they need to get the ords back to the .12-.15 range next month ... not impossible on scoping study, further drilling news, new investors. its been a pretty low volume sell down in recent weeks.
i know the goldies have had strife, but it looks artificially low to me. ... now why would that be ?
KAL Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
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