re: Ann: Kentor Secures Option over the Aktas... hi rony
Unfortunately it's not a no-brainer due to country location. But then again it is that risk that gives all the upside potential (and downside potential).
If you could pick the project up and drop it somewhere in Australia, no doubt the SP would be easily 50c or so.
However, if the country situation stays relatively stable, and KGL continue to kick goals (ie get finance, commence development, have further exploration success which is almost a certainty) then eventually the SP will get rerated. Either that or it will get taken over.
The country location should be seen as an opportunity in my view as there is no doubt this is what gives it its upside due to the inherent risk.
Time to go do some googling on Aktash to see what I can 'dig' up :-)
Cdchi1
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