28-July-2022: KGN-July-2022-Business-Update.PDF

Now, have a read through that and tell me if it justifies a +43.77% share price lift. [so far today]

Sure it's clear that the market was [previously] pricing in worse than the actual reality and there has been some sort of relief rally, AND they're clearly coming off a very low base now, so big percentage movements don't take them back up too far compared to where they have come from... but... surely there's something else going on?

Disc: I do not hold KGN shares.