"minus the offtake contractual details unbeknown to the broader market." - one would think that the Banks and the Independent Engineers would have asked for details of those contracts before going into any further negotiations, therefore I believe our off-take contracts have some value.
But when one looks at the options available to SH'ers, there are only 2:
1. sell at big loss, especially if you are a larger holder
2. hold till more clarity is available and if it turns out to be bad sell then but it will be as bad as selling with option 1, but if good then we are off to the races
Considering none of the larger holders are selling, I would say there are reasonably good odds that we will be off to the races soon.
KNL Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held
, but if good then we are off to the races
