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6.3¢ kingfisher mining ltd

Ann: High Grade Drilling Results Confirm New MW2 REE Discovery, page-128

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MinerBrad

98 Posts.

42

12/03/23

13:36

Post #: 66720639
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Originally posted by PetrStiff: ↑

Very likely to go to zero. the chance of a mineral anomoly being mined is 1 in 2000. If drill hits continue with no improvement then this will not be mined. It's just an anomaly.

Any future crs will likely gravitate sp below 70cents and lower than current sp.

by buying oppies you are gambling on an outcome that is severely against you.

maybe iam missing something? Care to explain why buying oppies excersiable at 70cents is more attractive than buying shares priced at 24.5 cents?

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yes, 1 in 2000 for a mined anomaly. 1 in 10 for a Carbonatite. 1 in 5 for a Carbonatite with a resource. We have about 15 in a mineralised region. The odds don’t sound too bad to me.

KFM Price at posting: 25.5¢ Sentiment: Buy Disclosure: Held
12 Upvote

0 Great analysis

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