KMN 4.00% 12.0¢ kings minerals nl

Hi goodoh,Just playing devil's advocate here but what makes you...

  1. 5,618 Posts.
    Hi goodoh,
    Just playing devil's advocate here but what makes you so sure kmn is a good stock? It's got 2 assets: a low grade, massive tonnage cu/au/ag play in Mexico and a high grade moly/cu/re deposit in Q'land but as yet no finance to develop either, that's even if they're commercially viable. Only 300m+ shares on issue though so further dilution via placements aren't out of the ball park.
    Good to see the buy side building a bit and sellers being picked off @ 14 today. Base metals on rise as gold is declining atm too, nexus broken?
    Hope they fly for us one day mate.


    beast.



    Please DYOR.
    One day you'll thank me.
 
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