Ticker: KMT MC: $21.94m Current Share Price: $0.034 Issue: 645,388,900
I have been on KMT for a while, and it seems that patience pays off.
(ASX:KMT), actively exploring and drilling its copper-silver projects on the emerging world class Kalahari Copper Belt, across the Republics of Botswana and Namibia. In Australia KMT have two major areas of interest, contained within Horseshoe West, located in the Bruah Basin region WA. It is 75kms from Sandfire’s Degrussa Mine, targeting exploration focused on high grade copper and gold.
They have finalised their ARC transaction worth 1.2 million pounds and have strengthened their leadership team.
The new leadership team has extensive uranium experience and there seems to have been significant accumulation since these announcements and KMT keeps hitting new ATH.
Yesterday brought a trading halt for "a proposed acquisition and associated capital raising".
Based on their new leadership, I would hazard a guess that these assets will be uranium tenements.
