Trading below the placement price of 15 cents at the moment,...

Trading below the placement price of 15 cents at the moment, this is providing a very good risk vs reward opportunity.

Cashed up with over 7 million in the bank, with rock chip results due any day now.
Interesting to note that the capital raise was at a premium which is quite rare at this end of the market.

With the likes of WR1 and PMT putting on strong gains recently cash seems to be flowing into other Canadian juniors like C1X and OM1, expecting this to be the bottom for KOB with news flow kicking off imminently as they put their big cash balance to use to fast track exploration.