The most under valued Gold Explorer on the ASX

ASX Code KIN
Issued Shares 77,512,890
Unlisted Options 14,925,000
Share Price $ 0.09
Management Hold 25%
Market Cap ~ $7M
Cash: assumed to be zero

And before you say needs a cash raise, yes they do need cash. They usually do so via Share purchase plans for existing holders where management have taken up their right in full + the shortfall!

Trevor John Dixon took $100,000 worth of SPP + shortfall in September 2015 (He holds 9,000,000 shares)

Terrence Grammer also took $100,000 worth of SPP + shortfall in September 2015 (He holds 1,400,000 shares)

Giuseppe Paolo Graziano also slapped down $100,000 worth in September 2015 (He holds 7,000,000 shares)

Marvyn John Fitton slapped down $65,000 in September 2015 (He holds 1,774,000 shares)





Last time the Price of Gold was at current levels, KIN was trading at 15c with an Estimated Valuation of $11m

Today KIN is trading at an Estimated Valuation of $7m with Price of gold actually higher than the levels when KIN was trading at 15c.

Nearly every other Gold stock has been re-rated with the recent rise in the price of Gold, KIN is surely deserving of a higher valuation.



About KIN

Gold Explorer aiming to be a Producer

Current JORC 2012 resource of 722,300 OZ of GOLD

Plus 282,000oz of Resource contained outside existing pit shell designs


Untapped Underground potential

In a well known gold region (leonora)

Pre-Feasability Study commenced



This post is not investment/trading advice
This post is not a recommendation to buy or sell shares in KIN
This post is my opinion only
All facts and figures must be checked