KMN 4.00% 12.0¢ kings minerals nl

Reds,Absolutely spot on - the share price seems to be suffering...

  1. 683 Posts.
    Reds,

    Absolutely spot on - the share price seems to be suffering after retracing from levels around 1.10 and struggling to break $1.00. Yes it was a very bold statement and it has not come true and it has come back to haunt me. I still beleive it can get there however, its going to take some time. The sole thing that will lift the SP to that level I beleive will be the JORC resource announcement in August-September. If we get anything around 40-60 Mt @ 2 % CuEq we will see a significant re-rating. I am still a long term holder and considering what the SP has done in the last 12 months I really don't think too many people can complain to say the least. This is not justification for my bold prediction - but i still beleive that it is easily acheivable
 
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