KTA 0.00% 1.2¢ krakatoa resources limited

Ann: Historic High Grade Gold Mines& Substantial Acreage Acquired, page-41

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  1. 9,311 Posts.
    lightbulb Created with Sketch. 1120
    it’s common enough to be a valid buying strategy.

    but it may not work here if they don’t need a sizeable cap raise. 10c oppies due in October - they can raise up to $1.2 million with those. Will we need any funds to get us to there? Maybe but Colin May elect to keep it small and to tight holders.

    Then 85 million 5 cents options in July next year - $4.25 million. How much needed in between?
 
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