You are spot on here. I have followed the media/coverage of the...

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ablackcockatoo

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19/04/24

09:55

Post #: 73420291
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Originally posted by Tipton: ↑

I have been watching this company for a couple of years and have just bought 1 million shares as I believe it must be close to a final investment decision.
I would expect the company has put up its hand for federal government funding assistance as it certainly ticks all the boxes.
Unfortunately the KGL board has no idea of how to promote the company and attract market interest.
In fact they proudly state on page 15 of the latest annual report:The company has not established a formal investor relations program and the BOARD CONSIDERS THIS APPROPRIATE FOR THE COMPANY`S STAGE OF DEVELOPMENT.
In my view they are naive and wrong with this attitude.
This is why the share price is a joke compared with the assets and the exploration results.
The best thing they could do is engage an investment relations firm to tell the story.
They might wonder why no broking house has written any research report and that is because most don’t knows the company exists despite the fact it is getting some of the best copper intersections in Australia and is certain to significantly increase reserves.
I am certainly expecting encouraging news in the next quarterly report .

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You are spot on here. I have followed the media/coverage of the copper market for 4 years and I am a holder in KGL. In the last 2 years, most analysis of the market includes all producers & explorers EXCEPT KGL! I requested it to be included in ****** program The Call.....nothing. I don't think they knew who they were.

It is as though it does not exist, in a market segment that is taking off. My mistake was buying a company for its asset and ignoring one of Warren Buffet's KPI's - good management!

KGL Price at posting: 12.0¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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