I was initially disappointed because I thought Gindara was going to be drilled this year, but the more I think about it the new strategy makes complete sense for KIK shareholders.
In fact I think it's brilliant.
1. Drill low cost low risk plays first.
2. Drill not 1, but 2 shallow plays, reducing discovery risk even further.
3. Get production cash flowing as soon as possible.
4. Maximise opportunity of options being converted.
5. Option cash and production cash reduce % farmout of big prospects, reduce need to dilue and increase the upside for KIKers.
I like it, I like it, I like it.
- Forums
- ASX - By Stock
- RPM
- nido to treble its service contract 54 drillin
nido to treble its service contract 54 drillin, page-4
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RPM (ASX) to my watchlist
(20min delay)
|
|||||
Last
7.0¢ |
Change
0.003(4.48%) |
Mkt cap ! $17.66M |
Open | High | Low | Value | Volume |
6.9¢ | 7.0¢ | 6.9¢ | $8.534K | 123.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 313088 | 6.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.0¢ | 423079 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 313088 | 0.069 |
4 | 175013 | 0.067 |
1 | 49271 | 0.066 |
3 | 39384 | 0.065 |
2 | 212500 | 0.064 |
Price($) | Vol. | No. |
---|---|---|
0.070 | 423079 | 2 |
0.071 | 43000 | 1 |
0.072 | 21000 | 1 |
0.074 | 145005 | 1 |
0.075 | 25000 | 1 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
NEWS
Antler Copper Project hits major permitting milestone – air quality permit advances to final review
RPM (ASX) Chart |