47% increase in mineral estimate, page-156

I never cease to be amazed by the greed and fear in people.
I have no idea where the shares are coming from but they keep coming, each parcel undercutting the one before in a rush for the door for no apparent reason. Yet with a bit of self control the market would rise and sales would be at much higher prices. Fundamental valuations support this.
The sellers are now selling a share recently valued by TC for 80 cents and even if TC are way off KNL is certainly worth more than 50 cents.
The blind seem to follow the blind and this makes a market, so they say.
I wonder what our directors are thinking about the Market since they have just come up with a JORC and a big increase in resources and the share price collapses. It must be difficult to run a company with capital markets controlled by punters and panickers.
But this will pass, I hope............and common sense will prevail bringing a better price in an orderly market.

Cheers all,