The interesting thing about KL's story is it is not all based on fundamentals but a bit of aspiration along with sound management. Yes in most cases we look to fundamentals to gain an insight into potential price.... but what if everyone did that with Facebook, Amazon and other companies that were aspirational! They would have missed out big time. Yes there is a difference as KL is a mining company. Imagine if they were in fact to have a game changer in Fosterville mine?
Currently it seems the two camps are either based in fundamentals and or aspiration. I have a feeling the Feb report will see the fundamentals catch up with the aspirational story that appears to be continuing.
KLA Price at posting:
$47.49 Sentiment: Buy Disclosure: Held
