Outstading opportunities like this with companies such as KAL arise very seldomly. KAL have a portfolio of excellent projects which any junior explorer would be extremely proud of. Oxiana Resource had similar potential only a few years ago - now it has become a renound gold producer.
As i have forementioned the Selene update will be terrific, however the wider resource upgrade expected in under 2 weeks should really revalue this company in a big way especially with the ever escalating price of gold.
I choose to look for Arbitrage in the market and see this in KAL - a company of this quality with sound management and an outsanding resource should be valued higher than the current tiny $24million. I have a substantial holding in this stock and will continue to accumulate in the coming week.
My short term price prediction is 50c over the coming 2-3 weeks.
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Outstading opportunities like this with companies such as KAL...
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Last
2.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.868M |
Open | High | Low | Value | Volume |
2.2¢ | 2.2¢ | 2.2¢ | $4.174K | 189.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1522341 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 404230 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1522341 | 0.022 |
3 | 482544 | 0.021 |
1 | 50000 | 0.020 |
2 | 1050049 | 0.019 |
1 | 30000 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 404230 | 3 |
0.024 | 412041 | 2 |
0.025 | 335889 | 4 |
0.027 | 200000 | 1 |
0.028 | 602076 | 3 |
Last trade - 15.24pm 11/09/2024 (20 minute delay) ? |
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KAL (ASX) Chart |