KNI 2.27% 21.5¢ kuniko limited

Kuniko Limited, page-406

  1. 2,607 Posts.
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    The company isn’t a scam.

    Clearly the S3 Consortium has pumped it today, as they have done with many other stocks/IPO’s before.

    When I looked at the IPO, I felt the listing market cap presented good value compared to its exploration prospects. From memory about $12M? They could have easily raised at $0.40 for double the opening market cap, even then it looks cheap.

    Anyway, great to see they already have boots on the ground and have some sample assays coming soon.

 
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