Has she bottomed out?In spite of a weak Venture market, KEX has held up remarkably well and decent support has come in at the
.185 to .19 range.
Could we be poised for another big move here?
There are warrants and options excercisalbe as follows, so a run up to the high 20's could ensure that another
$1.2MLN comes into the company and will drill results coming soon + new company spinoff + barite sales, etc.
the best has likely yet to come!
Warrants
Sept 28, 2010 2,699,999 Warrants @ $0.225
Issued Options
$0.25 2,300,000 Options
FT