RE:RE:Buying up KCC shares Agree with all your points as well.
I try to put their failures in Mongolia (and my investment time wasted there) behind me and look at the opportunity in NSW as a new investment. They have been up and running in NSW for just under a year and a half approx, still pretty early days to hit a big discovery hole. As you say, this stock price definitely won't move with any real conviction until they report a meaningful hit.
Regardless of KCC's slow, methodical progress to date as they drill along at Trundlle, this current slide in price seems very widespread/macro based and presents the best opportunities for buying individual name that you have high conviction on. Every copper related stock in NSW (and gloablly) has sliding down on very low volumes for a few months. The junior minors can move more to extremes due to low liquidity and much higher risk profiles.
Point being, I am providing liquidity and putting some fishing orders at some very low price points here. We have been around these price points before of course (...a few too many times), so definitely agree this is a high gamble and no one should go all-in to the point where they'd feel sick to the stomach if it went to $0 one day.