Ones imagination can speculate on potential scenarios as we wait on the results of the study.
Perhaps if the results are sufficiently good could they accelerate potential ongoing negotiations with interested parties which in turn for strategic reasons may contribute to a delay in releasing the study? .... or perhaps the results in turn could lead to the announcement of another offer or deal?
Perhaps results are disappointing causing the board to consider how to best soften the blow when announcing the results?
Perhaps its simply not quite finished and or the board are still digesting the result and considering next steps?
Meanwhile most other gold stocks seem to be responding to favourable underlying gold market conditions?
One thing this company needs to do is let the market know what they are doing with some investor presentations and other marketing or broker initiatives rather than simply relying on ASX announcements.
Estimated timing for key next steps was missing from an otherwise encouraging annual report. The last year has been progressive for KAI , however, the share price has been regressive and I believe largely due to a lack of publicity together with the general malaise engulfing small caps.
All good things come to those who wait?
KAI Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held
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