I have been an observer of hc for a while now but never a poster. I have also followed the ups and downs of KDL with interest and amusement
However, Even allowing for past history, I think this stock is fundamentally undervalued.
Sure it's risky.
But with funding 85% in place, construction almost complete and off-takes committed this is far from your everyday exploration company spruiking 'anomalies' on a map or cherry picking high grade drill holes
This must be one of the few, if only, asx listed companies that is bringing A MINE on line in the next few months
$105m is a long way from the current MC + Debt
I'll be watching with interest
DYOR
KDL Price at posting:
10.5¢ Sentiment: None Disclosure: Not Held