I decided to get out last week, maybe only for a while though. They seem to have a lot of bad luck...first drill campaign with a rig that was too small, then got rained off recently. The holes they did drill were complete duds unfortunately.
On a more positive note they seem to run a pretty lean operation, but the bank account must be getting down to the $1m mark by now, so a cap raise is getting close. Lots of territory to explore makes it tempting and there are some other investors with deep pockets on the register besides Lion which is a positive (but I am not sure they know any more than me or you ha-ha).
The market cap is at shell value which is a bit ridiculous.
Not sure when the next drilling campaign will be, but I will keep watching while it is so cheap.
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KNB
koonenberry gold limited
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10.0%
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4.5¢

I decided to get out last week, maybe only for a while though....
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Last
4.5¢ |
Change
-0.005(10.0%) |
Mkt cap ! $46.12M |
Open | High | Low | Value | Volume |
4.9¢ | 4.9¢ | 4.5¢ | $177.0K | 3.749M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 325367 | 4.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.6¢ | 120000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 325367 | 0.045 |
5 | 624441 | 0.044 |
3 | 960000 | 0.043 |
5 | 195285 | 0.042 |
2 | 250000 | 0.041 |
Price($) | Vol. | No. |
---|---|---|
0.046 | 120000 | 2 |
0.047 | 226330 | 2 |
0.048 | 230391 | 2 |
0.050 | 498997 | 5 |
0.051 | 16476 | 1 |
Last trade - 16.10pm 29/07/2025 (20 minute delay) ? |
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KNB (ASX) Chart |