KGL 0.00% 9.4¢ kgl resources limited

gift of the **, page-9

  1. 1,182 Posts.
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    Today would have been a good day for an announcement. The problem remains that with the pending rights issue most holding punters will not buy over 60c so this milestone will not have impact on the sp unless it is accompanied with extremely good news about recovery rates or the like.
    Still the pour will represent a positive accomplishment for management. With it, they will have proved their ability to diversify and bring to fruition positive cash flow when only a year ago KGL had almost nothing.
 
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