With the Tanz mining commission not even formed yet who would be buying this now considering how low on cash the company is? Pump for CR? Imo 100% yes. Now if I was looking to get out I would hope the pump would have punters stacking the buy side so I can dump into it. At the moment it is not there.
This is a perfect opportunity to cash out imo. For the last few months all pumps have been met with dumps within the next few days. Let's see if it is different this time.
No finance, no mining commission and only $1 million in the bank at the end of next month. Now If I was Spinks I would be going for a cr very soon. Black swan event could happen any time. You wouldn't to try and raise money when it is too late.
Ans please try and add to the discussion with the real issues KNL is facing instead of throwing insults at me. Like I said I am trying to show you the flip side of what you believe. So far I have made a good case.
Let me throw it out there. Who thinks KNL should be raising working capital asap?
If not what are your reasons?
With the Tanz mining commission not even formed yet who would be...
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Last
11.0¢ |
Change
-0.005(4.35%) |
Mkt cap ! $52.21M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.0¢ | 11.0¢ | $5.15K | 44.95K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 13636 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 17850 | 2 |
View Market Depth
| Last trade - 13.47pm 02/07/2024 (20 minute delay) ? |
| EGR (ASX) Chart |