Upcoming ten bagger

Not often a play comes along that ticks all the boxes and appears to be a no brainer.

KMT has the X factor in that it holds 14,363 square kilometres on the world class Kalahari Copper Belt, adjacent MOD resources listed on the ASX and MTR listed on UK exchange

MOD and MTR are currently drilling and have had cracking results leading to MOD being upgraded by Australian broker Cannacord this week with a 90c target giving a market capitalisation of approx 200 mill for a 70% land holding, KMT has 100% ownership making it a lot cleaner.

MTR has also had a stellar time with a 50% increase in share price in the last 8 weeks off the back of recent results, and interestingly the well know Eric Sprott is a holder. This opens the door for KMT to be on Sprotts radar.

Unlike its neighbours KMT not only owns 100% of its project but the key differentiator between KMT and MOD is that KMT has right to explore 100% of their prospecting licence which has been the biggest road block for MOD. This a massive advantage for KMT.


KMT has also managed to snag some tier 1 management aswell as the geologist who was involved in uncovering the Kalahari copper belt.

KMT is trading with an EV of less than 10 mill whilst the ground adjacent is now worth 170 mill with a target valuation of over 300 mill.
Essentially for KMT to be on a similar valuation means there is massive upside, the only key difference is MOD being more advanced time wise which has also given KMT the advantage of being able to follow thier lead as to what has worked and hasnt regarding exploration.

KMT as announced today is now fully funded for the drill program and drilling has commenced.

Once in a while the ducks line up and you rarely get them more lined up than this