KNL took on a massive undertaking when it decided to go down the blue chip offtakes, blue chip lenders and German Government Guarantee route.
Retailers and traders will be intimidated and perhaps even turned off by the realities contained within the documentation. This is the reality of top notch social and environmentally sustainable mine setup.
However, for those with a longer investment horizon I imagine that the certainty of knowledge and progress towards tangible finance will be a plus.
What do you think?
Should KNL have sought some greasy lending from a Chinese funder and used the legislation to shoo people off the land, thereby not mitigating the risk of local uprising?
Or is KNL doing the right thing by taking a longer time to get everything done in the most detailed and certain methods available?
It's probably a bit late in the day for KNL to go with the former, but for the wake of discussion, what's the better option in the long term?
KNL Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held
