KSN 3.85% 7.5¢ kingston resources limited

Thanks. Not the answer I expected. EDIS is not really Federal...

  1. 3,058 Posts.
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    Thanks. Not the answer I expected. EDIS is not really Federal Govt backing. It s a bucket of $$ available to eligible explorers to distribute to SH as a tax offset. IMO it is not "backing". Fat cats...check Slipstream Resources. And IMO major shareholders don't necessarily constitute fat cats. KSN still to prove themselves IMO and I remain a little sceptical given Slipstream resources involvement given the recent history with DKO. I do hold KSN and my sentiment is buy based on risk reward and VFM. High risk though.
 
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