Andrew Neal ‏@andrew_neal7 · 2m2 minutes ago
#KGLD RNS as expected but folk have to remember the MM's can't cover their positions as their short
HSBC proof coming next
08/03/2016 11:44am
UK Regulatory (RNS & others)
Kolar (LSE:KGLD)
Intraday Stock Chart
Today : Tuesday 8 March 2016
Click Here for more Kolar Charts.
TIDMKGLD
RNS Number : 4012R
Kolar Gold Limited
08 March 2016
08 March 2016
Kolar Gold Limited
("Kolar Gold" or the "Company")
Statement Re. Share Price Movement
Kolar Gold notes the Company's share price during today's trading. The Directors confirm that they know of no reason for the share price movement.
The Company also notes that a number of investors have acquired shareholdings that have been notified under Rule 8.3 of the Takeover Code and are disclosed on the Company's website at www.kolargold.com.au
On 08 December 2015, Kolar Gold announced that it was reviewing its strategic options with the intention of considering all available opportunities for maximising value for shareholders.
This review is ongoing. The Company is assessing a number of potential options and will report to shareholders as soon as the process is complete. In the meanwhile, the Company remains in an Offer Period under the Takeover Code.
For further information, please visit www.kolargold.com.au or contact:
Andrew Neal ‏@andrew_neal7 · 3m3 minutes ago
@mozEIGHT @2_N_V #KGLD hasn't even started as drill results to come and they HAVE £700k cash + £3.5m stake in GMSI
UNDERVALUED
"very large and unusually pure" titanium occurrence, with work to date indicating the project could be in the top percentile of heavy mineral grade projects worldwide, said FinnAust.