I am not a geologist .If you read the report and look at the graphics ,to me it looks most promising in the southern portion of the South Muckleford prospect .Otherwise the distribution looks fairly random .They are going to do more detailed sampling of the most promising areas and then geophysics and identify drilling targets presumably to begin drilling in a few months .Unless there is something else to be announced I think the price rise is overdone as everything depends on the drill bit and that is not going to be apparent to for 4-6 months I would think .They will need to be careful and cautious in choosing drilling targets as there first attempt came up with nothing ,so I expect this is all going to take time and patience on the part of shareholders .The company is quite deliberate as is novo/Hennigh there major investors .They have lots of money to go about this properly .In the interest of disclosure i had a large position in KZM acquired at much lower levels and sold most .Might get back in if the price drops .Main investment in this area right now is FSX on the TSE and GBZ .
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Last
8.7¢ |
Change
-0.002(2.25%) |
Mkt cap ! $15.86M |
Open | High | Low | Value | Volume |
8.8¢ | 8.8¢ | 8.1¢ | $14.22K | 166.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 25000 | 8.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.7¢ | 4366 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 25000 | 0.082 |
1 | 12800 | 0.077 |
1 | 20000 | 0.076 |
1 | 40000 | 0.075 |
1 | 14500 | 0.068 |
Price($) | Vol. | No. |
---|---|---|
0.089 | 21200 | 2 |
0.090 | 13000 | 1 |
0.092 | 29800 | 2 |
0.093 | 64000 | 2 |
0.096 | 10161 | 1 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
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