It is a worry and i fear the sp will go down a lot more. Furthermore we have entered into some type of loan with the Chinese part of the money at 12%.
A very simple point is we where at 70 cents with very little money and 1 asset at KAL ,
Now we have three assets including camps with all infrastructure in place yet we are currently trading at 21 cents FACT!
That clearly shows that the market and local potential big time investors are not buying the story put forward by management.
Tough gold sentiment , unloved currently, all small gold's are struggling etc etc. THE TRUTH IS A GOOD STORY WILL SELL..
As much as i hate to say this could our BOD got it wrong with Paulsens, and Coyote .?
NOT HEAR TO DOWN RAMP.
It is a worry and i fear the sp will go down a lot more....
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Last
46.0¢ |
Change
0.015(3.37%) |
Mkt cap ! $204.0M | |||
| Open | High | Low | Value | Volume |
| 44.5¢ | 46.5¢ | 43.5¢ | $1.212M | 2.694M |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 142824 | 46.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 6900 | 1 |
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| BC8 (ASX) Chart |