Good to see that some one else actual went through the announcement yesterday. KAL seem to have a tendency of not really pushing positive announcements as with the valuation of the company. Most companies these day would have made it a seperate announcement hoping to push the SP up, still to decide weather that is good or bad. Although would not plqace a lot of faith in the valuation as it is very subjective the way you value an exploartion company like KAL. I will not be buying until a programme to start drilling is actually set up or at least until the acquisation is complete as there is lots of other good companies about at the moment and I believe it is a bit of dead money in the meantime. (although been wrong before and it is only my opinion) But would definatly think that come the middle of the year the SP providing results from drilling are good the SP would be about getting closer to the 20c mark.
Good luck to all holders.
KAL Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Not Held
