I think RAP is key. It will lead to finance and confirmation no more shares are being released onto the market, this will be the catalyst for a long and sustained rise.
The realisation that KNL will be one of the operating graphite mines in 2017 wont hurt either.
Personally I think it'll have a MC of ~$500m in 1-2-3 years.
There's question marks on some of our "peers", plus long lead times to consider. I'd say SYR (through brute-force) and KNL (through clever business maneuvering) will definitely be producing in 2017.
Ann: Epanko Expansion Studies Underway-KNL.AX, page-88
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Last
12.0¢ |
Change
0.015(14.3%) |
Mkt cap ! $54.48M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 12.0¢ | 10.5¢ | $85.61K | 760.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 24094 | 2 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| EGR (ASX) Chart |