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Though a JORC may be around the corner, you have to take a look at the history of this company and the macroeconomic environment that the world is currently in to understand why the SP is where it is. If you are invested in this company to make a quick ££ post-JORC, I'll say that this company is the wrong one for you. The true value of this company will be realised in the medium to long term.
As for the SP on JORC-day and the motivations of MM's, that can only be ascertained once the JORC results are out. If, after we've had a chance to do some analysis the SP doesn't move much despite good results, we can then speculate on activities behind the scenes.
ziquarat, volatility is certainly the norm for KOD, particularly after an RNS; the question remains whether the underlying attention this share has attained over the past couple of weeks will keep us in the blue at close.
The way this is going, it could be lower; maybe 0.13p
jamesroo, I don't have an issue with speculation in principal. What I take issue with is the blind and arguably deluded forms of speculation that you (to a degree) and others engage in. If you have a reasoned and logical justification behind your speculations, then by all means post those justifications and let others critique them; after all you may bring up points that are useful and may improve awareness and information in the marketplace. But if your theories are based on nothing more than 'gut feelings' (as our last interaction ascertained) and lack complete data (as those who speculate before a JORC is even posted) you're not doing anything beneficial; and are in fact little better than a ramper.
Disciple13, it depends on the time frame you're referring to. Short-term, the results of the JORC being less than previously speculated. In the longer term, I would focus your attention on Suay Chin, KOD's main financial backer.