RE:Seriously undervaluedThe recent probems with significantly increasing AISC at Westgold is a clear cause for concern despite them putting cause down to rain and mill rproblems. Latter also affected their gold output but last qtr shud see them do over 210k FTM with all these problems out of way. Boy, if they can get even close to the former AISC levels then you're right this is undervalued and, since they are getting KKR relatively cheaply even on a USD2.00 sp (IMO) with KRR's own potential then it is seriously undervalued on today's Au price.
As I said before major institutions into both KRR and Westgold are the same and I am unsure how a share exchange (KRR to more Westgold) will affect their strategies. The ASX contains details of changes in substantial holdings.