KGL 2.06% 9.9¢ kgl resources limited

given 34m shares came on today - excellent support.This will be...

  1. 76 Posts.
    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.
 
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Last
9.9¢
Change
0.002(2.06%)
Mkt cap ! $64.16M
Open High Low Value Volume
9.7¢ 9.9¢ 9.7¢ $1.876K 19.07K

Buyers (Bids)

No. Vol. Price($)
2 47950 9.7¢
 

Sellers (Offers)

Price($) Vol. No.
9.9¢ 42027 1
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Last trade - 15.18pm 03/09/2024 (20 minute delay) ?
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