Sachz
Let me try and dispell your dissapointment
Can I ask you a few questions.
Do you think burston is the right man too steer the ship
Do you think the resource will be improved to at least 2 billion tonnes
When you bought EIO or BRT was burston on board
Why is KFE still sitting at 10 cents.
I can only share my thoughts as to why the SP isn't moving
There really isn't enough stock on the register so the stock isn't really that liquid.
It's also really not a iron ore bull market. It's not any market at the moment. However for those who believe in the fundamentals this can be viewed as an opportunity to top up.
However I believe there will be a cap raising this in turn will allow for the stock to be liquid.
As for SP gain. You may not like what I'm going to say but I'm try to be a realist. The SP will only go up when rumours or murmurs of a pending sale will go through. Even if they double the resource I don't even think that will do much to the SP.
I have seen it with african iron and also cfe. The latter as a shareholder.
I honestly believe you will get a payday but it may be a while yet.
Let's be honest a term deposit is a entirely different investment instrument
I am no guru or professional I'm just another mug punter like you sharing my thoughts.
Regards
NB
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Open | High | Low | Value | Volume |
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4 | 1190000 | 0.025 |
6 | 616251 | 0.024 |
3 | 2293089 | 0.023 |
1 | 36000 | 0.022 |
Price($) | Vol. | No. |
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