KSN 1.23% 8.0¢ kingston resources limited

What we have known so far for a sleeping giant, page-4

  1. 5,699 Posts.
    lightbulb Created with Sketch. 8018
    You beat me to it - but all good, I beat you to it on Friday.

    Anyway, here's a few things that I prepared:

    Some peer/EV comparisons - ridiculous where KSN (and CXO) are - both will run hard from here you'd think - after looking at the below comparison everyone will be scratching their heads thinking; what the heck, why didn't I buy more of both KSN & CXO.

    KSN - EV Comparisons.jpg

    I've gone through the tenement maps and re-done them to include CXO's major new discovery location and surrounds - the major discovery is so bloody close to KSN's tenements:

    KSN - NT 3.jpg

    And a zoomed out version (CXO discovery is the red circle):

    KSN - NT 2.jpg

    Directors & Associates own 22% of the shares on issue:

    KSN - Directors Shares.jpg

    Also good to have FARJOY as a substantial holder on board. Average buy-in price is 2.3c and this investor has a great track record and holds for the long term until the full story unfolds (not aware of all of their investments so someone correct me if they've done otherwise anywhere):

    KSN - FARJOY - Sub Holder.jpg

    Location of tenements acquired as part of the big acquisition:

    KSN - Li Tenements.jpg

    And the share price surge on the announcement of the acquisition (and there's been a major discovery, to say the least, since the acquisition ann):

    KSN - Chart - 23-09-16.jpg

    Should be a good week or two or ten coming up.

    Cheers,

    GB.

    ps. great to have you onboard W4GD - keep up the good posting please.
 
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