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Is KNL about to break out?, page-9

  1. 12,154 Posts.
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    "slowly" has been the keyword with KNL for the last 1.5 years - in terms of sp, that is... a lot of fundamentally strong news have not made the required runs in the sp for so long now...

    the day this misalignment is rectified, all our chart predictions will be thrown out of the window (yeah, I have said that too a few times in the past, I get it)... but just look at the company that was in VA (nothing less) until last month and had a similar MC as ours ~ $40m... on reinstatement it went up to almost $65m (to come back to square one again)...

    I am doing an US v THEM here but other than WE ARE A MASSIVE GRAPHITE RESOURCE what do they have going for them? I say, the VA has dented any long term holder's confidence... BIG IS GOOD is no longer a valid reason... runs on the board (like KNL) too does not excite the market...

    so what will make us run now?

    for starters, the RAP will be a great thing to put on the DONE list... will it be the catalyst to the next sp surge? I know not...

    FINANCE will definitely be the catalyst as this means we are just a few quarters away from production and cashflow and probably surplus(es)... will the sp not explode until we are cashflow positive? I think NOT... as soon as RAP is done, things should start heating up and with finance (in principle agreed) we should be in the $100M MC category for sure - sp > 40c...

    sorry for the long post just trying to marry TA & FA here (for the long run)... got nothing to do with the chart that we are discussing... but this 19c resistance has to be negotiated first and once done, we can look forward to some decent gains....
 
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