KMC kalgoorlie mining company ltd

trading halt, page-39

  1. 1,752 Posts.
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    "When Niagra were in trouble with hostiles"

    I am usually an optimist but in this case I think that the only hostiles are disgruntled shareholders.

    Ever since Chris dropped the $35 million surprise, the wind was taken from KMC sails and SP is drifting south.

    The volume is unremarkable so it does not look like someone is accumulating a stake with hostile intentions.

    Most holders adopted wait and see attitude IMO, with some deserting the fair ship KMC.

    I do not see any pirates on the horizon nor an armada coming to rescue.

    I do not know where the nautical flavor came from, maybe your reference to Niagara - The Thundering Waters?
 
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