Yep noodly. KRC has run hard and their announcements regarding metallurgical testings are insightful and not full of fluff or hot air. In saying that c $120 mill MC is huge and I imagine things will plateau if not retrace with profit taking and realisation that there is still a way to go for any next substantive step up.
TNG by contrast is undervalued by at least 200% (according to independent analysts who put risked after tax value at 40 to 50 cents) so when news breaks some real movement should be on the cards. That's the kind of rerate oppie holders will be looking for and I'm sure it will come.
TNG Price at posting:
15.0¢ Sentiment: None Disclosure: Held
