Definitely, the investor presentation has reminded the market the potential of Kings. Furthermore, the big producing miners are now priced fully and it is a matter of time investors start looking for ignored bargains. Kings management do not have the habit of hyping up the price but rather letting the fundamental speak for itself. I understand one of the biggest brokers ( if not the biggest) analyst was about to publish in their newsletter recommending Kings as a buy late last year. But unfortunately, this analyst was retrenched due to GFC and the recommendation never got out. Kings is an advanced explorer and it is slowly being recognised as such and the price will be adjusted accordingly.
KMN Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held