KCN 0.00% $1.55 kingsgate consolidated limited.

There is little liquidity in the market obviously ATMShares...

  1. 86 Posts.
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    There is little liquidity in the market obviously ATM

    Shares rocketing on news like this is over (for now), so the lack of movement in the context of the announcement makes perfect sense. Investors want to see certainty and therefore cashflow is king, so until they physically re-start (everything else equal), I doubt we will see much movement near $2 near term

    Notwithstanding, if you think gold can hold $1700+* at least for the next year, AUD remains low, ramp up will experience no delays or hiccups, Thai govt lets the get on with it, etc etc then...

    * personally, I am tired of all these gold / silver price predictions to $2500 or whatever. It "could" happen, but it "could" go to $1000 within 12 months
 
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