This is just one highlight of many that should get investors interested.
To summarise KTA has the:
✓ Right market cap/EV (lowest in the Lachlan)
✓ Right metal (gold hitting record AUD highs)
✓ Right timing with other shares in the Lachlan “flying”
✓ Right location (20km from Orange in the Tier 1 mining jurisdiction of NSW)
✓ Right nearology (35km North and along strike to Australia’s biggest and most profitable gold mine)
and adjacent and along strike to Copper Hill.
✓ Right geology (same rocks as Cadia, Boda & Copper Hill)
✓ Right bet as the ground has never been drilled
At 3.8c with a sub $8.31 m market cap, leverage lurks large here for investors as drilling, location and mineralisation could blast Krakatoa into a multi-bagger bonanza for shareholders.
IMO ... Potentially we should see a significant demand shift
Leading into the drilling results ...
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- Ann: Drilling Underway at Bell Valley Porphyry Target Area
Ann: Drilling Underway at Bell Valley Porphyry Target Area, page-42
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