KTA 0.00% 1.1¢ krakatoa resources limited

Top pick for 2015?, page-3

  1. 1,163 Posts.
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    I would say nothing. I have just done a fair amount of research on them (Broker trying to get some $ out of me for a private placement). In a nut-shell KTA are very slowly acquiring a few tenements to explore for Gold and Iron Ore in Indonesia. But no exploration is occurring presently. No substantial holder notices, no directors buying. No evidence of anything happening at all. So unless there is some unannounced info or a master plan somewhere I see little chance of it doing anything in the short-term. Maybe 2016 will be a different story if they actually get some exploration under-way. However this will also take further dilutive capital raisings or they will have to draw on a $5mil standby Subscription Agreement they have.
    Last edited by cspro: 23/03/15
 
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