given 34m shares came on today - excellent support.
This will be 18-20c by 14-15th Nov IMHO.
Stock too cheap. 680,000 ounce JORC resource and exploration upside to be certain with Aurum shareholder meeting on the 12th NOV.
Just a question of how to raise the extra $15m - placement or debt.... any which way you cut it they are buying equiv. $10 per ounce in the ground - doesnt get much cheaper. capex for mine approx. $55m - this will produce 60,00 ounces gold per year not to mention copper aswell - pay back approx 1.5yrs..........
Keep an eye on it.
spp sellers soaked up nicely today, page-3
Add KGL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
10.5¢ |
Change
0.009(9.38%) |
Mkt cap ! $68.05M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 10.0¢ | $12.02K | 115.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 28818 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 99999 | 1 |
View Market Depth
| Last trade - 15.42pm 08/11/2024 (20 minute delay) ? |
| KGL (ASX) Chart |