KGL 9.52% 11.5¢ kgl resources limited

Ann: Massive Sulphide Copper Intersection at Jervois, page-9

  1. 3,017 Posts.
    lightbulb Created with Sketch. 164
    A bit concerning this wasn’t released in a more timely way, pretty obvious word was out on Friday & the Ann drops 5mins after the opening bell a weekend later?

    Now with that said…. Whoaaaaaaaa - 3m of 90% massive sulphides & OPEN AT DEPTH & to the WSW.

    The PFS & metrics were already a no brainer, so I don’t know what comes after that. Grades improving, size improving, Cu price improving, so I think financing and FS are a certainty now and as such the SP should adjust accordingly.

    I would say though it’s in everyone’s interest that they prioritise exploration of this new find, so we know how big this monster is. I’m sure this may well prompt a suitor or two (SFR & OZL in particular), to take a closer look and maybe make a move.

    SP wise. I think my $1 target just went to $1.50
 
watchlist Created with Sketch. Add KGL (ASX) to my watchlist
(20min delay)
Last
11.5¢
Change
0.010(9.52%)
Mkt cap ! $65.23M
Open High Low Value Volume
11.0¢ 11.5¢ 10.8¢ $6.218K 56.29K

Buyers (Bids)

No. Vol. Price($)
3 77340 11.0¢
 

Sellers (Offers)

Price($) Vol. No.
13.0¢ 242684 1
View Market Depth
Last trade - 13.39pm 05/07/2024 (20 minute delay) ?
KGL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.