They're sitting on some stellar resources and they have enough cash to pull them out of the ground.
I think that people are waiting to see what the approvals process is, which after they decided against the aktash option raised questions about how stable the Krygz deal really is.
Ironically kentor decided to hedge this sovereign risk by investing in Australia where theres argulbly signficant sovereign risk faced from various tax regimes and workplace reforms.
KGL Price at posting:
95.0¢ Sentiment: LT Buy Disclosure: Held
