"you see, there is very little to do a comparison"
Santoo,
How so? TTY needed money. Noble provided debt funding. Noble then converted debt into equity. Then made take over.
KAB needed money. Noble provided debt funding. Noble have warrants to convert debt to equity. Sounds similar to me.
3500, very accurate assessment. Their are good and bad points. But if KAB successfully transition from explorer to producer then we should make money. Noble on board should point us in the right direction imo. We are a spec stock but de-risking is taking place and that is seeing a higher sp.
Definately as you say ST trading opportunities from increased volumes and volatility from receiving $3mil. And possible LT term if they deliver what they promise.
I certainly like what I've seen the last week with the market depth. No massive leak where the insiders get set. No sell off to indicate bad news. Just a steady accumulation. Plenty of churn in the 1-1.1c range which allows daytraders from the 17th Jan to exit with the volume required.
KAB Price at posting:
1.1¢ Sentiment: Hold Disclosure: Held