KGL 6.98% 10.0¢ kgl resources limited

Hi Wipeoff,At the end of the day you have to calculate what you...

  1. 1,717 Posts.
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    Hi Wipeoff,

    At the end of the day you have to calculate what you think Kentor will be worth in the time frame you have given youreslf to invest.

    I have a three year + time frame, so will hold through some of the hurdles that enivatably will come Kentors way. They will come out the other side. Do I think that Kentor will have a market cap of $60m within my time frame....nope, so I see a $60m market cap as a good buying opportunity.

    Jervois Feasability Study should be complete by this stage, Andash will hopefully be up and running on full cylinders and WA fully operational with resource upgrades and cost/ounce reductions and hence increase in profitablity. Cash Flow positive...

    I hear what you were saying regarding good buying $1.20, $1.10, 80c etc, but Im happy to increase my position at 60c
 
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