Could it be that the placement is filled or oversubscribed?
I believe that 1.35 cents per share is ridiculously cheap given what Mt Kasi's potential is. It closed at 1.6 cents today.
Could it be the resource/reserve announcement?
It may be better than expected.
Could it be the refinancing to Macquarie Bank taking place?
If the placement is filled, Ocean Resources gets paid out and Macquarie becomes the lead financier.(and bks debt is reduced from approx $3.5m to approx $3m)
Could it be that investors are finally realising what a bargain it is?
Anyone else have any constructive comments?
Constructive comments & discussion please.
I hold bks
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