KGL 4.76% 10.0¢ kgl resources limited

is this the week, page-8

  1. 843 Posts.
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    It starts to worry me when management of such a young company start to diversify in this manner, viz, geothermal drilling in Solomon Islands. As a large investor in KGL, I would rather they fast track what they already have by spending our money on a more aggressive drilling program on our Australian assets. The market does not necessarily like companies that bounce around into unrelated risky ventures. It would be ok if KGL had enormous cash reserves and had a huge cash flow at the mo. I hope Simon is not getting ahead of himself. He is still to prove himself to the market yet.
 
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