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Legin - if this helps and as it was mentioned before. If the market valued the share price at 13.5 and this was with only 51% and potential for long legal issues.
Now it's 100% of a working mine with over 10k tons of material ready to process and sell.
We (IMO) should see this closer to .30p
NT to buy or sell on HL! Looks like MM's are going to try and auction! I think that buys would overwhelm them! UT they probably have negotiated buys to fill
News may not have spread as far and wide, yet! However, people will see the rise and not understand the magnitude of today's news and how oversold and undervalued this share was and is!
IMO it will re-rate over next few sessions and I think it will settle somewhere between .25-.30p
I think it has really good legs and have doubled in size and strength.
IMO this could very well multi-bag from here.
I say this because the company now have full control and ownership of the mine , have material on hand to process and have broken the payment for the mine down into four payments over next four years.
This means that the mine has been bought under market value and its production will pay for the payments.
It's brilliant!
I think that the share price will naturally go up because if the company went from 51% ownership to 100% ownership- this alone would increase the value of the company and as development and production go forward it will increase even further.
IMO I would say that KRS could be in the mid .20's in the very short term and this could be catalyzed with the right news imo
Oh and be very affraid, you will likely make a profit!
Hi!
It seems to me that the market likes this because the payment will be made over 4 years and by controlling the asset and having the money it is a win win
AMJ- when there are very large negotiat d buys, I find that the MM's keep the price in a narrow range to allow them to fill the order.
I find it to be an opportunity to buy near the big boys buy in price!
Regardless if this starts as a white label product, where a Tradeflow or a DP world put their logo on it- it is a huge money spinner and .ight be a better way forward.
Partners will be very important and better to have a proportionate small piece of a every huge pie than a big piece of a tiny pie or of a doughnut hole!
I think that the partnerships will add strength and allow for quicker funding and rollouts! GLA
Yes, Clan's might be being sold but they are being mopped up and could see this end the day in Blue as well as the week!
Patience is key here, you are correct!
However, geopolitical events have now put countries who do have the ability to tap into their own resources to reconsider energy depending on foreign countries.
The Ukrainian war has awoken the urgency to re-thomk strategic self depending
Robertb- thanks and yes, with such a large fepsit- it is certainly attracting the right attention and maybe more than just a Shell.
There are other players.
My point is that for the next several decades, both oil and gas will be of paramount importance to the UK economy and of strategic importance , especially in a post Brexit economic.
Does anyone remember Rockhopper? Well this could do much more in regards to share price
Fact: The UK and even Europe need to find sustainable energy closer to home.
Reliance on Russia is not a good idea and the European cou tires as well as the UK have had a rude awakening with the current crisis.
The North Sea is close to home and can ease the transition to moe renewable sources.
Gas is part of a greener economy and will be needed for several decades (atleast)
Could that be happening? I mean a bigger fish coming in and taking things forward?
It's not us against #prem
A few weeks ago, prem was closer to news! It went a ove .5p, but at this point #KOD is further ahead in the development and about to release the feasibility results and this could serious attract the interest to monetize the asset!
People rainbow chase until news and then come on and complain that they hadn't made as. Ig a profit!
Buy when quiet me thinks, and sit and wait for the train! While relaxing!
Daz- yes the share price is going up even on very little volume! .
I've been in a couple of shares where the news has landed and the share price keeps going up so fast, that it doesn't even let you press the confirmation button.
So imo when we get positive news and the volume picks up, we should see a steady increase in share price with very steep upwards movement on the charts.
I think this is in the immediate future
Even with very little positive volume - the MM's are happy to let it tick up!
So imagine what is going to happen when something (like news or a positive development is announcement or people get wind of).
Folks, I really think there will be news very soon and some have built some nice positions!
This will really start gaining traction and volume over the next few days imo
Acker-, I've been saying this for a few days , that the MM's here are itching to raise the share price and all we needed is a bit of volume.
I think this will now pick up speed and shuffle upwards in a step by step manner!
One thing is certain the mm's are itching to raise the share price imo so giving it halfway decent volume this will go up pretty quickly and attract more people to what will be a great party here!
Based on what lse is showing all the transactions except the first of the day are all buys (even though showing in red)!
A good sign and with a bit of volume, this will fly!
News is on its way imo