KAU chart shows that earlier 'open price gap' @ 0.185c has since eventually filled/closed this morning.. perhaps expect sp 'support to kick in' around 0.185c/0.19c imo let's see dyor
This is informative.
as Downes says, "fascinating and a little bit different"
- highest grade mine in Australia
- Bottlenecks have been sorted.
- HV upgrade
- Generators
- Ventilation
- fleet upgrade
- All upgrades completed while maintaining profit.
- Mill Liners changed out so no more/minimized gold retention
- Still mining remnant ore
- Soon mining virgin ore
- Few weeks from a radical change in production rate.
- Upgrades will double production rate.
- Own their mill
- Mineralisation as deep as they have drilled
KAU retraced yesterday closing @ 0.19c .. though a big 304K bid stepped up this morning @ 0.195c for any taker's.. sp seems currently cheap/undervalued to me imo but who am I to disagree with market sentimentSomewhat a little surprised given recent announcement per below that KAU still a bit of a sleeper trading @ 0.205c (albeit AUD Gold price has retraced in recent times).
View attachment 158386
sp edging higher @ 0.205cKAU technical analysis shows oversold stochastics imo noting *quarterly report due around 26th July
View attachment 159340
KAU announcement just released
KAU technical analysis update
KAU on topI do like those drill results, but the best part of the announcement to me is this-
In addition, Kaiser is pleased to report that the increased planned production rate, which
commenced in mid-June and was facilitated by substantial capital investment, is being
sustained at between 4,000 and 5,000 tonnes
That means their planned doubling of production rate is holding up.
Commenced mid June so they have had 5 weeks of it, happy with that.
The June qtr won't show any/much of it in dollars but looking fwd to Sept 1/4.
They are systematically improving the assets without over-reaching, a nice change at this end of the market.
Happy to hold, and too bad if I wanted to sell, there's bugger all volume.
KAU - a little weak retrace below 0.20c with some big decent bids stepping up to the plate around 0.19c level as we await quarterly report any day now
KAU - Annual Report to shareholdersView attachment 161000
Kaiser are delivering as they previously indicated.
The substantial increase in tonnes should show in the Sept 1/4 numbers, followed by the transition from remnant to virgin levels in the Dec 1/4.
A comfortable hold for me.
" KAU remains unhedged, debt free and poised to increase production & profits into the next year "View attachment 161000
Kaiser are delivering as they previously indicated.
The substantial increase in tonnes should show in the Sept 1/4 numbers, followed by the transition from remnant to virgin levels in the Dec 1/4.
A comfortable hold for me.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?