Kaiser Reef Ltd (ASX:KAU, ASX:)'s Jonathan Downes explains to Proactive’s Joel Flynn why investor reaction over the past 12 months doesn’t reflect the strength of the company and its operations as Kaiser continues to meet its milestones. Despite the share price declining, Downes confirms with Proactive that there is a lot to look forward to in the coming months and believes Kaiser Reef presents a “buying opportunity”. The company has turned its operations around, has $9 million in cash and bullion in the bank and with a market cap of $23 million looks undervalued.
Is Kaiser Reef an undervalued buying opportunity?