If anything maybe should have got a speeding ticket last time it went to 26c as the previous time it was at 26c before that was in late 2005 if I remember correctly.
This time the patterns are right for a solid and sustained rise in sp. Don't forget Norseman independent audit way back when was 1.2 mil inferred for an sp of 28c-35c. So you would have to think no speeding ticket before these levels minimum.
Now consider that the bulk of resource is indicated and is bigger at 1.4 mil with, hopefully more upgrades to come, so IMHO we can now look at an sp higher than the audit prediction - how high is only what you think yourself.
Good luck to all and DYOR
KAL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
