You mean this same johnno, we must be talking about two different posters.
https://hotcopper.com.au/posts/21621218/single - Major run any day now Dec
https://hotcopper.com.au/posts/22388744/single- 260% upgrade coming
https://hotcopper.com.au/posts/21125930/single- SP re-rate over Dec/Jan
So like I said Johnno better get some new sources, wrong, wrong and wrong again
And grant bring up my Zelda calls all you want it has no relevance here and won't change my views on KNL, if you like we can also bring up your buy BAT calls at ~12c and my VRC sell calls ~8c see who got that one right in the industry we are both most committed to but again that is off topic to the discussion.
KNL are nowhere near finance (almost a year behind already) let alone RAP completion which should have been done and dusted by now if mangement were on the ball and it's such an small task (as many keep saying). The market simply doesn't buy anything that KNL says and as hard as Spinks tried to do company promotions/presentations and conferences at all the key graphite gatherings, nobody likes what he is proposing except the holders on HC. Maybe a suggestion for him at the next AGM is to save some money by travelling to all these conferences and conventions because there is no good coming from them and instead use it for the big RAP bill to come?
Why would anybody buy KNL product, they can get the same junk from China for much cheaper, the only adavantage KnL can provide over that offering is that it's an external supply to china which is good if it's anywhere near as cheap, which it isn't.
There is simply no unique selling factor to this project whatsoever, plain as day, simply can't fathom why people don't see that on here and by the looks of things Spinks seems to be changing his strategy slowly but surely to a bigger mine output just like SYR and MNS otherwise there is little need for him to investigate and burn valuable funds on these resource upgrades, the business model doesn't work.
