KGL 3.00% 9.7¢ kgl resources limited

Not sure what all the confusion is about.Things we know:-...

  1. 712 Posts.
    Not sure what all the confusion is about.

    Things we know:

    - Someone has tried to unload 2m shares for the last few weeks
    - Sector rebounded yesterday and lots of juniors jumped upwards of 10%
    - KGL will have 22.0m cash (~15.7c a share) if the Murchison transaction proceeds as expected
    - On top of that, KGL have Jervois which has received good drill hits and cut CAPEX required from scoping study by about 50m recently as well as farm in agreements in Bashkol project and geothermal project

    13-15c is more than a fair price.
 
watchlist Created with Sketch. Add KGL (ASX) to my watchlist
(20min delay)
Last
9.7¢
Change
-0.003(3.00%)
Mkt cap ! $55.02M
Open High Low Value Volume
10.0¢ 10.0¢ 9.7¢ $13.21K 132.9K

Buyers (Bids)

No. Vol. Price($)
4 58549 9.7¢
 

Sellers (Offers)

Price($) Vol. No.
10.0¢ 1352 1
View Market Depth
Last trade - 16.10pm 30/07/2024 (20 minute delay) ?
KGL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.