Large Companies/Banks like discretion and don't like their names being used in unnecessary company announcements, especially if not 100% accurate...therefore they like KNL, no wonder, considering what other Co's out there are duing for short (very short) term gains:
... "Paul Ogilvie, CEO, stating among other things, that, “After more than two years of working on material specifications, sampling and reworking, we could not be more pleased than to finally ship finished material to our customer.
The order is part of an offtake agreement to supply multiple tonnes of anode material monthly for a number of years.
”
but a few days later..
..."On or about March 13, 2017, Panasonic advised the Company that it will not sign the Company’s proposed form of offtake agreement. When Panasonic reconfirmed its Order by email dated March 15, 2017, it also confirmed that in case of mass purchase of Anode Material from Saint Jean, Panasonic will do so under its own form of standard purchasing agreement. Even though Panasonic is proceeding with the Order, there can be no assurance that Panasonic will proceed with a large purchase of Anode Material from the Company, nor that Panasonic will enter into any other type of commercial agreement or arrangement with Saint Jean.
"..
https://globenewswire.com/news-rele...-Provides-Update-on-Anode-Material-Order.html
