Traders have their place in the market. A few will derive a sustainable income from trading. The majority will fail.
It doesn't appear as though there is going to be much volume below 10c to buy. On the days it has dipped down there, the volumes have been small.
The assay results for Jervois must be due by next week although I rang the Perth lab and there is a backlog so they will come "when they come". I'd like to see a resource of 15M tonnes @ 2% Cu equivalent (after silver credits) for Jervois by year end. Circa 300,000 tonnes of contained copper equivalent is my "hoped for" target. That would be worth approximately $55M.
KGL Price at posting:
$1.05 Sentiment: Buy Disclosure: Held
