Considering the run we had on the non-binding agreement with Crusoe last year imagine the run we might see if a binding deal is announced that satisfies the cash requirements for KDP.
Late July and mid-August were non-binding gas tolling agreements and late August with that first big spike was the AI data centre non-binding agreement announcement.
The closing peak in late September coincided with a detailed presentation outlining the plans for KPO & Crusoe followed by a capital raising.
Early February was the signed framework agreement with Crusoe and webinar to discuss the plans. Late February/early March was lodgement of half year results and another capital raising.
Should we get a non-dilutionary cash injection via a project sale given the trading history one would have to think that we would easily break much higher. I won't say a price target as don't want to be accused of unlicenced advice or ramping.
The re-election of the Liberals (left leaning political party in Canada) last week leaves continuity of their policies intact which is a plus for KPO. Eg investment tax credits for CCS project costs will continue, who knows, they might even get bolstered by the new prime minister.
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