KMN 4.00% 12.0¢ kings minerals nl

I honestly cannot see a movement in share price until all the...

  1. 62 Posts.
    I honestly cannot see a movement in share price until all the studies etc are complete. In order to complete these the company is in desperate need of capital as they will only have limited cash available by end of September. This means a capital raising is required. Standby to pick some up at 15cents.
    I have been following this stock and unfortuneately the upcoming announcement whether positive or not will have limited impact due to the need for cash. The big boys will keep it down in the hope of picking more shares up at sub 20.
 
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Currently unlisted public company.

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