KGL 4.17% 10.0¢ kgl resources limited

Fantastic news. It will be great to finally have some one back...

  1. 28 Posts.
    Fantastic news. It will be great to finally have some one back in charge with a successful development track record that understands all aspects of the project including the geology and potential upside of the project and that has a significant equity stake in the company. I got the feeling late last year that it was the blind leading the blind with some of those press releases. And to see a large and respected institutional investor like Paradice refusing to support the rights issue and selling shares was a clear vote of no confidence in Simon and the Board. Very alarming and disappointing. However, I’m feeling more reassured of my investment with Denis back in the chair.
 
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