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11.5¢ kgl resources limited

Makes sense why the market is undervaluing this. Good project,...

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Giovanni33

1,956 Posts.

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31/01/24

01:22

Post #: 72145864
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Originally posted by WilliamPike: ↑

Somewhat of a revolving door of senior management at KGL. Three CEO's and some BoD members in reasonably recent times. Simon Milroy I understood as there was severe cost cutting and Denis was shouldering great burdens, The later Simon (was it Fienes?) was a mystery from the start. How badly does a company bleeding funds and years away from building a mine need a CEO as such? Why did so much of the BoD go with him? Why did that Simon promise us a productive mine by July 2023 "or you can throw fruit at me"? Indeed how far from having a productive mine are we? I wrote the Chairman asking how long after a FID was made would we have a mine working in rough terms? No response. We aren't being very well informed IMHO

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Makes sense why the market is undervaluing this. Good project, but needs management to bring it to completion.

KGL Price at posting: 15.0¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 11.5¢		Change 0.000(0.00%)		Mkt cap ! $65.23M

Open	High	Low	Value	Volume
11.5¢	11.5¢	11.5¢	$1.15K	10K

Buyers (Bids)

No.	Vol.	Price($)
3	129472	11.5¢

Sellers (Offers)

Price($)	Vol.	No.
12.0¢	17632	2

View Market Depth

No.	Vol.	Price($)
3	129472	0.115
5	298875	0.110
4	264757	0.105
6	337920	0.100
2	33152	0.095

Price($)	Vol.	No.
0.120	17632	2
0.125	90147	4
0.130	50000	1
0.135	816666	2
0.140	262252	3

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