I wouldnt vote for a takeover of anything less than 50c per share. I haven't waited this long and been this patient to see us snapped up around 10-20c. Hopefully, we get a move on and start reflecting the true value of our KGP asset. I think the resource upgrade will be a massive trigger for a re-rate. We just have to hope the gold sentiment goes from strength to strength by mid-year. Some big regional finds would also massively add to our value as there are a lot of areas of the tenures underexplored.
It looks like the expected March USA Fed rate rise may turn everything on its head for all things gold. The market will begin to realise rates will only be going in one direction in the years to come and plenty of cash will then be flowing to safety. Fingers crossed.
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2 | 4000 | 0.405 |
4 | 47981 | 0.400 |
1 | 62312 | 0.395 |
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Price($) | Vol. | No. |
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0.415 | 62473 | 2 |
0.420 | 125000 | 3 |
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