KGL 4.76% 11.0¢ kgl resources limited

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  1. 13,811 Posts.
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    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.
 
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Last
11.0¢
Change
0.005(4.76%)
Mkt cap ! $62.40M
Open High Low Value Volume
10.5¢ 11.0¢ 10.5¢ $23.11K 219.6K

Buyers (Bids)

No. Vol. Price($)
3 25493 10.5¢
 

Sellers (Offers)

Price($) Vol. No.
11.0¢ 65106 3
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Last trade - 16.10pm 16/07/2024 (20 minute delay) ?
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