I don't believe that it will be viewed as a base metals play for a while yet (at least a couple of years, until Jervois comes online). I personally am in KGL for the Gold projects and the leverage it gives to the gold price, which I see as only up as the current de-leveraging and money printing plays out.
Having ridden the OXR/OZL train from 10c to $4.00 and back, the prospect of going from a goldie to base metal producer (predominatly) makes me shudder still.
I'd like KGL to remain a pure gold play with Jervois being spun off once value is built.
intsol
I don't believe that it will be viewed as a base metals play for...
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Last
11.5¢ |
Change
0.010(9.52%) |
Mkt cap ! $65.23M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.5¢ | 10.8¢ | $6.218K | 56.29K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 77340 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 242684 | 1 |
View Market Depth
| Last trade - 13.39pm 05/07/2024 (20 minute delay) ? |
| KGL (ASX) Chart |