The LPI offer of $385m in cash is a great deal for LPI shareholders and it just underwrites the fact that KULA has some very good tenements in the right location.
If KGD was to receive a $385m CASH OFFER that would equate to around $1-05c per share for KGD shareholders.
Are we undervalued?????
Time will certainly tell.
Our COBRA Project certainly looks very good.
KGD Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held
