Yes, there will be a raft of announcements over next 2-3 months which will be positive for SP.
Big Q is: what will the global markets have done in this time? For me, I'm sticking with gold and happy to hold KAL. Gold price has a long way to go yet and in 12 months time the current POG and of KAL will look pultry.
Bull market for gold has just started. Looking at USD$2350++ in 2-5 years. What it will be in AUD$ is anyone's guess, but the recession in the USA and China's reduced demand for base metals will free up plant and personnel in Oz and any development by a new gold producer will actually cost less down the track than it would now IMHO.
KAL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
