Australian (ASX) Stock Market Forum

KRL - Kangaroo Resources

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kennas said:
Probably because they failed to put in their financial reports or something. Might have scared some taxi drivers.
Click to expand...

Yep, they have had some teething problems. A big one being a dry river prevented the barging of coal. By all reports river up now and cash register should ring by the end of the month on first shipload of coal.

Brought some more yesterday at .11 cents.
 
I bought in a while ago around 0.145c. Gonna hang in there, I do believe KRL is going to rise again, even to some degree. It seems to have plenty of promise, with their deal with ASEAMCO, their new board member and current coal shipping. Just hope something will eventuate out of all the good news :p:
 
A bit of a sell off in the last few days? Thought that with a new Indo Director and the barge on its way the share price might have moved the other way

any ideas
 
kingkev said:
A bit of a sell off in the last few days? Thought that with a new Indo Director and the barge on its way the share price might have moved the other way

any ideas
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The late knowledge to market of the barges being impeeded has had a very detrimental effect on the sentiment of many long term shareholders.

Holders should be rewarded longer term now but still early days it would appear.

3.9 million options excercised today at 11.5 cents and the share price is at 10cents, you figure.
 
the mind boggles

Long term is the hope. Hopefully thw barging issues have been resolved and the cash register rings soon
 
Well looks like we are due an announcemnt with the volume picking up nicely today and some big purchases being taken on. By now we should be close to fulling the Jap order so hopefully thats whats driving the volume.

SLE
 
whats the word on krl?? company fundamentals look good and there has been alot of promising news...... but so far the share price hasnt really reflected any of this...
can anyone shed any light on this?
 
The AGM this week will provide some leads hopefully.

Yes looks good on paper but we need the tills to ring.
 
Obviously they like what is being said. Nice breakout today.

:):)


Cheers to holders its been a long wait
 

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Initial reaction to this mornings announcement looks promising. Interested in
Deep project development pipeline............6 projects coming on line maybe. Anybody know anything on this
 
I believe they are referring to existing touted acquisitions. Remember some are yet to officially be purchased. Here is a reminder of those already mentioned:
TANUR JAYA (TJ) PROJECT(45%) – thermal coal
GPK PROJECT(84.82%) – thermal coal
MAMAHAK PROJECT(85%) – coking coal & high quality thermal coal
KUBAH INDAH PROJECT(100%) – coking coal
MBK PROJECT(up to 50%) – high quality thermal coal
BP PROJECT(up to 50%) – high quality thermal coal
JAWANA PROJECT(100%) – coking coal
BORAMI PROJECT(100%) - coking coal

For me the big news was that they appear to have written GPK back into their future plans........seems at odds with the prospect of selling it as we had been previously advised.

Huge volume for the Roo today and top post 'explod', the breakout has arrived.

SLE
 
I missed my top up last week, and missed it again this morning by .05c..

should be finally the news krl is needing to come through soon! or atleast something going on with the share price.

fingers crossed good times ahead!
 
News must be very close at hand, volume through the roof at 11.5 mill today and price up a further 11%

Smiling for xmas this year by the looks.
 
large volumes for the past few days... today we are currently at 18,671,592 shares traded,,, i have a feeling something big is in the works..
hopefully our patience pays off :)
 
explod said:
News must be very close at hand, volume through the roof at 11.5 mill today and price up a further 11%

Smiling for xmas this year by the looks.
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And you've probably scored yourself the December comp too. i wanted krl but clearly too slow..

I topped up my average of 15.3c today with some more at 15c.. hopefully this kicks on a little more and news next week with some more big volumes friday to finish off the week..
 
AngusSmart said:
And you've probably scored yourself the December comp too. i wanted krl but clearly too slow..

I topped up my average of 15.3c today with some more at 15c.. hopefully this kicks on a little more and news next week with some more big volumes friday to finish off the week..
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Have been working this for over 12 months now and topped up with a good parcel last week at .098 Did buy it early at .05 then only to sell at .075 last year. Got back in at .225 early this year and rode that out by turning away and holding, averaged down a bit but was rough for awhile.

Very happy travellers in this household now. I believe on fundamentals with the huge proven grades over 8 tennements we are only at very early days. Such stocks do not come along often but this for me is going to be a life changer.

cheers to holders

Just my opinion you need to check for yourselves.
 
explod said:
Have been working this for over 12 months now and topped up with a good parcel last week at .098 Did buy it early at .05 then only to sell at .075 last year. Got back in at .225 early this year and rode that out by turning away and holding, averaged down a bit but was rough for awhile.

Very happy travellers in this household now. I believe on fundamentals with the huge proven grades over 8 tennements we are only at very early days. Such stocks do not come along often but this for me is going to be a life changer.

cheers to holders

Just my opinion you need to check for yourselves.
Click to expand...

We must be in the same rough riding boat been averaging down for a little bit but i doubt i hold as much as you. was trying to get in at 10-12c over the past few days but its been impossible.. i wanted to see it rise a little before i sunk more in..

Its puzzled me how its been this under valued for a while, i guess the few sloppy mistakes on KRL's part have done this.

Am thinking about grabbing some more today and jumping out of the oilers for a short while..


Decisions decisions,

Good luck with your stock tipping too :) share that afr subscription if you can haha.
 
Have been holding this stock at 12c for over a year and finally got out at 13c. O was hoping it would spike higher and then drop back but looks like I sold out too soon. Might watch it for a while and see what the next announcement briings before I get back in.
 

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