KRL 0.00% 14.5¢ kangaroo resources limited

trading in krl, page-47

  1. 632 Posts.
    lightbulb Created with Sketch. 145
    Will we see +20c in the next 6 months? I doubt it.
    I haven't seen any action (mining) in the last 6 months and there is nothing forecast for the next quarter that would encourage the SP to rise.

    Are there other forces at play? Maybe.
    Does it matter? Definitely not.

    I have lost confidence in the KRL management and was happy to see Bayan take over operations. However their agenda is completely different to ours and they will manage KRL to suit their needs. The only thing that will help the share price is coal sales and I don't see that happening until next year when it's beneficial to our new major shareholder.
    I don't think the true potential of the company or its holdings are anywhere near being realised and definitely not factored into the share price.

    I would love to be wrong and see +20c before Xmas.
 
watchlist Created with Sketch. Add KRL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.