MCT has a bigger MC than KMT after today purely on the basis that they picked up tenements in Paterson region on rumours of a Cu find by RIO that hasn't even been confirmed yet. AZY with a 50m MC or something like that.
Meanwhile MOD and KMT are struggling along in a belt that has confirmed Cu/Ag and will prove a good province imo.
But yes you are totally right, no liquidity in KMT specifically, it's a lobster pot as they say and just no hype about Kalahari in general. So with Cu/Ag prices struggling against USD head winds there isn't much going for us right now.
Spec resources are in a rough spot and I am not sure when USD is going to roll over or markets stop the wobbles. So in the meantime I am accumulating positions in stuff I like long term and will wait for the change in conditions.
Plenty of people who don't have that luxury though and that's why we are seeing what we are seeing.
KMT Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held
(20min delay)