I just want to repeat what I said last week:
As per today’s announcement, the overall Pilbara Gold Project JORC 2012 Mineral Resource increased by 150%.
This reminds me a similar situation for AVL. On 5 September 2017, the company released an announcement stating the Mineral Resource tonnes at the Gabanintha Vanadium project increased by 96%. On the time, the AVL share price was $0.015. The shorters did not let the share price go up; however, the share price gradually increased and it is now around $0.04.
For me, a similar scenario is happening for KAI and the shorters do not let the share price go up comparably with the resource increase. For me, if 98% resource upgrade could increase the share price 2.7 times (from $0.015 to $0.04), I suppose 150% resource upgrade can increase the share price easily 4 times (from $0.038 to $0.15).
Hence, I would expect the KAI’s share price to reach around $0.15 in the next few months.
Please do not sell your shares cheap when you know that they worth much more.
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I just want to repeat what I said last week: As per today’s...
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Last
1.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $34.20M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 359990 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.4¢ | 360000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 3759779 | 0.009 |
19 | 5396390 | 0.008 |
6 | 2738571 | 0.007 |
7 | 7223888 | 0.006 |
4 | 4028888 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 518919 | 2 |
0.011 | 6263010 | 14 |
0.012 | 2862503 | 3 |
0.013 | 1172158 | 5 |
0.014 | 1300000 | 3 |
Last trade - 08.59am 03/12/2024 (20 minute delay) ? |
KAI (ASX) Chart |
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