I am cautiously optimistic that this time we are in for the main event...
Why:
* Only ~$2mil was raised at 0.10c, say if even only 50% went to LT holders (I think that number is higher) we have only ~1mil shares to absorb if they are in for a quick profit...with the expected news flow, 1mil shares should be done with within the 1st hour of trade when/if a decent announcement is released...add to this, now that the CR/SPP is done with, there are no reasons for holders to sell in this SP range, higher SP is almost inevitable now, so unless very desperate, holders will not sell and there is almost nothing available under 0.20c, so just going to the lead p to the next news we should be back at our 0.18 -0.20c range,,, which was support for a very long time and there is nothing to stop SP getting back to that range very quickly, I expect from Monday going forward, we will start getting traders buying in again and that will make sure SP will jump without much resistance.
The big difference this time will be that exected news will confirm the likelihood of both projects futures:
* If we receive the term shet = Epanko is a Go
* If the BFS for 20ktpa EcoGraf plant is as good as indicated = Partner for the 1st plant will step forward fairly soon after the BFS release
All IMO20182019 The YEAR Of The KNL
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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1 | 10000 | 0.094 |
1 | 8000 | 0.093 |
1 | 19691 | 0.092 |
Price($) | Vol. | No. |
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0.098 | 45000 | 2 |
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