As Melua says, Jervois already appears bigger than Andash, and it definitely appears to have much more organic growth potential, without the political risk and with next to no permitting risk.
To show that I am not ramping the stock, while I have talked about the potential of Andash, I have regularly stated that I have allowed next to nothing in my valuation for Andash.
That is almost certainly too conservative a stance.
The company did not fast track the Aussie assets, they were very recently acquired at an incredibly low price.
They are now concentrating on those while waiting for a go ahead in Kyrgyzstan.
I believe the reason for the weak price is the exiting of investors that bought for Andash.
As the market awareness rises over the Aussie assets, I believe the stock will move well beyond the (around 20c) recent highs achieved when we only had Andash.
- Forums
- ASX - By Stock
- KGL
- results released
results released, page-19
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KGL (ASX) to my watchlist
|
|||||
Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $62.40M |
Open | High | Low | Value | Volume |
10.5¢ | 11.0¢ | 10.5¢ | $22.05K | 210.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 28022 | 10.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 74747 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 28022 | 0.105 |
6 | 645000 | 0.100 |
1 | 89600 | 0.095 |
1 | 7789 | 0.091 |
2 | 111125 | 0.090 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 74747 | 3 |
0.115 | 44997 | 2 |
0.120 | 242648 | 1 |
0.130 | 33 | 1 |
0.180 | 5000 | 1 |
Last trade - 15.33pm 16/07/2024 (20 minute delay) ? |
Featured News
KGL (ASX) Chart |