KTA 0.00% 1.0¢ krakatoa resources limited

KTA options and the week to come., page-16

  1. 320 Posts.
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    I recently held more than my fair share of KTAOC options, but when I saw management were doing nothing that would raise the share price & protect the options I headed for the exit.
    Management were very blase' about the well known delays effecting the industry in recent times, rain, rig availability, Covis, lab delays, land access, permits, to name a few, as a result they did nothing in a timely manner.
    Two rigs needed to be spinning on their two best prospects 6 - 8 months ago, but all they did was scratch around. It was never a case of poor prospects but more like a cattle prod needed to be in action and perhaps borrow the SAS motto "Who Dares Wins".
 
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