short term trading week starting - 12th may, page-61

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    KDR

    Major shareholder Soaraway developments has been exposed today from selling on market since late March to today's low levels.

    I have posted some research in the KDR thread for those of you who would like to browse through.

    Beaten down high flyer that I believe will re-rate with some good hits, Drilling to recommence this week.

    Summary of KDR

    1. Drilling commenced at Donkey Key
    2. JORC for Home Bullion perhaps in the next quarter
    3. Drilling at Browns Reef in the next quarter
    4. JORC for Brown's Reef by the end of the year.
    5. 3.5 Million cash at the end of last quarter
    6. Only 115 million shares on issue.
 
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