Yes we do have to trust what the company says! A good way to...

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155 Posts.

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04/08/21

16:09

Post #: 55029905
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Originally posted by lilac: ↑

Nothing wrong with asking questions Okinvest, soaking up responses and combining with reading as you've done (firstlinks etc), and other sources, incl talking with company.

However you have misread the article badly in taking it as 37,000 listings p.a on the ASX. In fact it says on the ASX "since the 1800's". Far less dramatic or alarming for you mate! (I think Freeman noted this as well?)

Yes, you do have to put a degree of trust in KLL's stated percentages in their resource so far, however look at the size of that stockpile with the loader sitting on top!!!! You may have missed too the Research Note provided by Morgans, who cover KLL? Have a read of that if you can, sometimes companies post them up on their website.

For mine, I'd give yourself a little more time ruminating over KLL, (and further researching - maybe away from HC), and consider whether you can see a positive in hanging on to the stock which hurts you so much, or not.

I see some folk have given you considered advice already...ultimately none of us are responsible for another poster's decisions - good luck with yours, keep your outlook fluid.

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Yes we do have to trust what the company says! A good way to tell (often but not always) is to see what sort of finance they've been able to obtain. We all know that to get good loan facilities, your case has to be pretty tight for a (credible and reasonable) lender to take you on. KLL fits that bill!

KLL Price at posting: 23.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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