Not to mention staking an established reputation for making his shareholders money. Does anyone remember the prospectus stating that this team has averaged 15x returns from company float. They obviously saw this opportunity as the lowest risk ticket to building the 250-500M company they originally aspired to be. To transform into a producer so soon into KAU's explorer listing means that this opportunity fit perfectly with the long term strategy of the company, and was too hard to pass up even in the face of screaming investors. How many explorers are sustainable without constant credit raisings and second guessing assumptions. KAU had the original intention on getting by solely on explorer knowledge and insights. And now they have the perfect way to sustain exploration activities fed by a quality mine that will (soon) shed the reputation of its past and become a reliable source of high grade gold in a safe and business friendly jurisdiction.
- Forums
- ASX - By Stock
- KAU
- Ann: Nuggety Reef Drilling Results
Ann: Nuggety Reef Drilling Results, page-20
-
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KAU (ASX) to my watchlist
(20min delay)
|
|||||
Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $31.68M |
Open | High | Low | Value | Volume |
16.0¢ | 16.0¢ | 15.0¢ | $36.42K | 232.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 24576 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 43000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 24576 | 0.155 |
5 | 211130 | 0.150 |
4 | 326219 | 0.145 |
6 | 475384 | 0.140 |
1 | 7200 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 43000 | 1 |
0.170 | 180000 | 2 |
0.175 | 150000 | 1 |
0.180 | 414442 | 5 |
0.185 | 263181 | 4 |
Last trade - 15.30pm 04/10/2024 (20 minute delay) ? |
Featured News
KAU (ASX) Chart |