Check this out! The "Bad-el-Kazar" episode of the "RAID: Call of the Arbiter" limited series. https://t.co/8CiU96gBtf #CalloftheArbiter#RaidShadowLegends
🚨 $KAO HITS 50c — NEW ALL-TIME HIGH 🚨
Called it. From 20c IPO on 7 May to 50c today. 🔥
At 50c, MC sits around ~$30M with ~$24M EV. Sounds like a re-rate. It isn't. It's a recalibration of fair value to acknowledge what $KAO actually IS .... and even at this level you're still paying a fraction of $MM1 #MM1 MC in the same Otavi belt with the same stratigraphy 🎯
What the market is finally pricing in:
🔹 20km confirmed mineralised strike with surface chalcocite/bornite up to 69.6% Cu
🔹 Karibib Cu-Au-W with historical 4m @ 1.98% Cu, 0.92 g/t Au & 0.72% W from 9m
🔹 89% leach recoveries + XRT upgrade to 13% Cu + non-acid-consuming silicate gangue = a flowsheet most ASX explorers spend 5 years trying to build
🔹 DSO optionality on bulk samples grading 8-13% Cu post-sort
🔹 Tier-1 jurisdiction with active M&A ecosystem
🔹 60.6M shares on issue. 41% in escrow. Founder at 21%. Board at 11%
🔹 ~$6.8M cash. Fully funded through both maiden drill programs
🔹 Board built $SS1 #SS1 $PLS.....they don't sit on dud projects
What the market HASN'T priced in yet:
🔹 Mapping & sampling results from Donkey Hill & Otniel
🔹 Drone magnetic survey at Karibib
🔹 Drill target definition & collar selection
🔹 Trenching results
🔹 Maiden RC program at Karibib
🔹 Maiden diamond program at Chalkos
🔹 Tungsten resource definition (critical mineral premium)
🔹 Extension of mapping into the unexplored 20km of prospective strike
🔹 Any major sniffing around the Otavi belt the way they've been around $MM1
This is what a Stage 2 → Stage 3 transition looks like. Every catalyst from here is news the market hasn't seen yet. Every announcement is a fresh data point against a tightly held register that simply can't be expanded 💎
This is the kind of setup that runs much further than people think possible because the float can't be created out of thin air and the escrow can't be unlocked early.
The drill rig hasn't even arrived yet. Strap in 🛢️💎
DYOR. Not financial advice.
#AAPL at $300
#GOOGL at $400
#NQ & #NDQ just 1.6% & 1.8% away from 30,000 respectively.
#SMH is 4.5% away from $600.
#SPX / #M2SL only 0.4% away from the absolute March 2000 ATH.
So… now we wait for the news catalyst the correction will be pinned on - curious what the mass media explanation will be this time.
And what are you betting on?)
https://t.co/EVfUmCfWKR
CGT discount removed on ALL assets, AND minimum CGT rate of 30%, even if you earned exactly $0 in normal income during that year.
Perhaps the most disgusting, anti-productive, uncompetitive change to Australian fiscal policy in modern history