I'm happy they have uncovered a 12m column >5km from P. I think its probable that this info has been made available to farm-in partners since the start of last week and should strengthen KARs negotiation position. Personally I hope they sell down 15%-25% of their 40% stake in 314 and they should be able to get the cash they need from that.
Hopefully we will have an announcement to this effect on Monday!
Whatever happens Bob needs to remember that Grace was a big mistake and the board and exec should be reminded of this by not awarding any more low price options. Let them show some confidence and issue long dated (2020?) $10 options. Many LTers on here have been in for 7+ years and the sentiment would be appreciated.
I'm happy they have uncovered a 12m column >5km from P. I think...
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Last
$1.44 |
Change
-0.045(3.03%) |
Mkt cap ! $1.122B | |||
| Open | High | Low | Value | Volume |
| $1.48 | $1.48 | $1.44 | $7.950M | 5.468M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 16364 | $1.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.45 | 6448 | 2 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| KAR (ASX) Chart |