KGL 0.00% 10.0¢ kgl resources limited

q and update, page-27

  1. 27,575 Posts.
    lightbulb Created with Sketch. 1314
    Thanks for that discoveryman...........I think most of us here realise that KGL are going to need heaps of money to get what they want out of the ground and to do it successfully. Being somewhat ambitious at present makes me think that a JV with someone down the track (once KGL has proven its worth) will be an almost certainty. Either that or many cap raisings and share dilution galore.

    Geothermal(Solomons) is also expensive so their management of finances needs to be in top form. One or 2 projects at a time until well established is probably more financially viable than 5 projects on at the same time.

    Small steps first. Andash is getting looked at
    Murchison is looking good and Jervois needs a bit more work and time

    Hopefully the sp does not go too much below 90c in the coming weeks.........AAAAARRGHHHHHHHHHH!!!!!!!!!!!!!!!!!
 
watchlist Created with Sketch. Add KGL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.