News of a Kada earn in hold whilst also expecting drilling related news at the same project after solid buying by Managing Director and Non executive chairman seems to be no coincidence. Seems like a collaboration of some kind is in the works to assist in acumen and financial muscle so that they can aggressively explore Kada.
News of a Earn in deal can majorly increase interest, DTM as an example prior to recent news of a earn in was trading under 7 cents and traded as low as the low 4 cent area a little over 2 months ago. Now only just a few trading days ago was trading around 12.5 cents and now trading at 11 cents. Kouri project alone was valued recently around AUD $22 million. GMR have a current market cap of around $14 million with low SOI and trading not far off all time lows post sp consolidation. All is not lost here and interesting times ahead.
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1 | 1000000 | 0.011 |
1 | 3000000 | 0.010 |
4 | 798729 | 0.009 |
7 | 1225052 | 0.008 |
6 | 2523375 | 0.007 |
Price($) | Vol. | No. |
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0.012 | 115860 | 2 |
0.013 | 100000 | 1 |
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