KNB koonenberry gold limited

Datt likely created short-term momentum in the share price to...

  1. 62 Posts.
    lightbulb Created with Sketch. 105
    Datt likely created short-term momentum in the share price to build a buffer for profit-taking—a smart move in a fast-moving junior gold market. A 2x return in a short window is attractive, especially when compared to waiting 12 months for a potential 4x. Their exit reflects the reality that positive information when drilling a structurally changes quickly as you move away from major controls, but that doesn’t diminish the long-term potential here. From a geological standpoint, the real excitement lies in the scale. A bold step—like drilling 400m across the structure below current levels—could unlock a much larger system, possibly 3Moz or more. That’s the kind of move a major would make to test the full potential. While the company isn’t a major, it’s playing a smart game: managing geological information risk while steadily growing the resource. By advancing incrementally, they maintain investor confidence and ensure access to capital for continued drilling. It’s a strategic approach—balancing exploration ambition with market realities. The fundamentals remain strong, and with each step, the story gets more compelling. The upside is still very much alive.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
3.8¢
Change
-0.002(5.00%)
Mkt cap ! $38.93M
Open High Low Value Volume
4.0¢ 4.0¢ 3.7¢ $307.2K 8.067M

Buyers (Bids)

No. Vol. Price($)
1 16000 3.8¢
 

Sellers (Offers)

Price($) Vol. No.
3.9¢ 635000 3
View Market Depth
Last trade - 16.10pm 18/06/2025 (20 minute delay) ?
KNB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.