Best case scenario for me is:
1/ On Monday, confirmation that this CR is purely for accelerated drilling from January *plus* the announcement confirms more efficient production this quarter, with resolved technical/mechanical issues and reasonable grades and expected positive cashflow for December quarter.
2/ In January, Cf positive quarterly (excluding cap raise proceeds) of 800k-1m.
If number 1 is too far from this, I feel it would be at least a second strike, possibly a third for this team's clarity of messaging vs subsequent announcements since my initial investment.
Thanks everyone for your comments on the thread so far.
Best case scenario for me is:1/ On Monday, confirmation that...
Add KAU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
13.0¢ |
Change
-0.005(3.70%) |
Mkt cap ! $22.23M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 13.0¢ | $22.10K | 170.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 21800 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 7600 | 1 |
View Market Depth
| Last trade - 15.07pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
13.5¢ |
Change
-0.005 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 13.5¢ | 13.5¢ | 13.5¢ | 5000 | ||
| Last updated 12.32pm 03/05/2024 ? | |||||
| KAU (ASX) Chart |