Yes once the 1c goes, one has to ask where does the selling come from? At the end of the day, a large proportion of the register is taken up by Lee, Kwok and Bowman.
Digging further, with the prior experience of all of the above, there could be some very interesting developments. Consolidation with next door PXG perhaps? (given Lee is right in the mix there also.)
Also worth noting Bowman's extensive experience with underground mining. He clearly believes there's a viable mine at Bullant. They have all the equipment...
IMO, DYOR
KMC Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held