The upcoming assays are clearly the key to a step up in share price. I think now that the scale of the surface mineralisation has been demonstrated, if the assays come in with decent widths and grades, in a manner that validates the magnetics and the rock chip results as leading indicators, there will be a very large re-rate.
That's because the potential that a very substantial resource exists on KFM land, will be seen to be quite likely.
Because of the previous results and today's announcement, some expectation is built into the current price, so there is downside risk, but the upside has now been improved, in my opinion.
- Forums
- ASX - By Stock
- KFM
- Ann: MW2 and MW7 Continue to Expand on Latest Surface Samples
Ann: MW2 and MW7 Continue to Expand on Latest Surface Samples, page-22
-
-
- There are more pages in this discussion • 34 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KFM (ASX) to my watchlist
(20min delay)
|
|||||
Last
7.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.760M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 17264 | 7.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.0¢ | 57827 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 17264 | 0.070 |
1 | 15000 | 0.069 |
1 | 95000 | 0.065 |
1 | 16390 | 0.061 |
1 | 50000 | 0.058 |
Price($) | Vol. | No. |
---|---|---|
0.080 | 57827 | 1 |
0.081 | 52600 | 1 |
0.094 | 86400 | 1 |
0.095 | 50000 | 1 |
0.099 | 50000 | 1 |
Last trade - 10.44am 07/10/2024 (20 minute delay) ? |
Featured News
KFM (ASX) Chart |
Day chart unavailable