This was to 20 cents and back when it had nothing going for it. Whos got a price target and what is it?. Is it worth $60 Million? ie 25 to 27 cents. Whats the blue sky worth? The eastern load looks to be grading a treat. Some indicitive costs will placate the cautious. Then into the main ore body. If its open at depth then "walla walla bing bang"
I think we can divide it up into a couple of stages. A rerating so that current revenues are reflected in the market cap. Secondly a full value figure. I am certainly looking towards a gradual and consistant increase in the JORC towards what the company are aggresively stating.
I reakon its worth a 60 Million market cap right now.Who's got a vastly different position?
KMC Price at posting:
5.4¢ Sentiment: Buy Disclosure: Held
