Make of this what you will...
Mark Hohnen of Kalahari Minerals Sees Real Value In His Stake In Extract Resources And Will Not Let It Go Cheaply
One interesting point:
"His master stroke, however, was a placing to raise fractionally under £4 million earlier this month at a price of 32p per share. That was right on the share price at the time. He points out that this was the maximum number of shares Kalahari could issue at the time and, encouraged by demand, he will be back for more next year."
So, seems that KAH intend to raise more cash...
Cheers,
Mark
minesite article on kalahari/extract
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