Yes, Emmanuel Datt, through Datt Capital, realized a profit from...

Yes, Emmanuel Datt, through Datt Capital, realized a profit from his investment in Koonenberry Gold Limited (ASX: KNB).

Investment Timeline and Profit Realization

•Initial Acquisitions: In December 2024, Datt Capital acquired 40 million KNB shares at approximately A$0.01 per share, totaling around A$400,000. Subsequent purchases included 17 million shares at A$0.029 in February 2025 and additional acquisitions in March and April 2025, bringing the total investment to over A$1.7 million.

•Share Price Appreciation: These strategic purchases coincided with positive developments at Koonenberry Gold, including significant gold discoveries at the Sunnyside prospect, which led to a surge in the company’s share price. For instance, shares surged by as much as 40% following reports of substantial gold hits.

•Partial Exit: In early June 2025, Datt Capital sold approximately 85 million KNB shares at an average price of A$0.04 per share, netting about A$3.4 million. This sale represented roughly 71% of their total holding.

Estimated Profit

Based on the acquisition and sale prices:

•Total Investment: Approximately A$1.7 million

•Proceeds from Sale: Approximately A$3.4 million

•Estimated Profit: Around A$1.7 million

This estimation suggests that Datt Capital effectively doubled its initial investment in Koonenberry Gold within a six-month period.

Remaining Stake

After the sale, Datt Capital retained about 35 million KNB shares, which are escrowed until November 28, 2025. This remaining stake could potentially yield additional returns, depending on the company’s future performance and share price movements.

If you need further details on Datt Capital’s investment strategies or other holdings, feel free to ask.