KAU 0.00% 15.5¢ kaiser reef limited

Ann: Nuggety Reef Drilling Results, page-20

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,204 Posts.
    lightbulb Created with Sketch. 84
    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.
 
watchlist Created with Sketch. Add KAU (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.