KTA 0.00% 1.1¢ krakatoa resources limited

Ann: Drilling Underway at Bell Valley Porphyry Target Area, page-42

  1. 2,135 Posts.
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    This is just one highlight of many that should get investors interested.

    To summarise KTA has the:

    ✓ Right market cap/EV (lowest in the Lachlan)

    ✓ Right metal (gold hitting record AUD highs)

    ✓ Right timing with other shares in the Lachlan “flying”

    ✓ Right location (20km from Orange in the Tier 1 mining jurisdiction of NSW)

    ✓ Right nearology (35km North and along strike to Australia’s biggest and most profitable gold mine)
    and adjacent and along strike to Copper Hill.

    ✓ Right geology (same rocks as Cadia, Boda & Copper Hill)

    ✓ Right bet as the ground has never been drilled

    At 3.8c with a sub $8.31 m market cap, leverage lurks large here for investors as drilling, location and mineralisation could blast Krakatoa into a multi-bagger bonanza for shareholders.


    IMO ... Potentially we should see a significant demand shift  


    Leading into the drilling results ...


    .
 
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