Calidus stuff (mostly) but some KRS15 Apr 2021 09:22
Sitting at 42.5c, although better than sitting lower is, how shall i put it?, way off the mark. We all know the reasons for it with the latest of a few fundraisings being effected @ a paltry 40c. A case of "letting the right ones in, at the right price" methinks. Anyway, can't be too disgruntled though as the opportunity arose for everyone and anyone to buy more at that level. Now fully fully cashed up (sarcasm) to production is excellent though. The 3 latest analyst research coverage notes are all positive as expected.
25/3 - Euroz Hartley's maintain their buy recommendation with a target of 90c.
28/3 - Cannacord maintain their speculative buy recommendation with a target of 80c, up from 75c.
7/4 - Blue Ocean Equities maintain their buy recommendation with a target of 110c, down from 120c. Also, their speculative target is lowered from 140c to 130c.
Not much downside risk attached to Calidus so all good imo. Myself, i'm looking to way much higher than any of these targets but my timeframe is 2-3 years at least (probably 5) rather than the 1 year of the above.
As for KRS it's just a case of more meat on the bones needed from Utah, which could come anytime. Any news about acquiring another "safe haven" jurisdiction company to enhance KRS scope would be another positive. Then there's, you know - Togo. Might/could be a go-go but having been a no-go previously and for such a long drawn out time then, as it all falls on a whim of President Gnassingbe we are in the dark on timeframe. It certainly would be the making of KRS and our pf's but i don't hold my breath for final award sanctioning. GLA. :o).