KNG

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22.0¢ kingsland minerals ltd

Ann: First Holes Intersect 150m of Graphite Schist at Leliyn, page-20

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setfire2thehive

3,942 Posts.

12566

26/05/23

13:00

Post #: 67980730
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Originally posted by setfire2thehive ↑

Equally I don't like to cross promote. @bnolan you should know which stock as you are apparently a holder of it.

If you don't follow them on twitter @_Hoopz_ has some pretty cool bubble visualisations for popular sectors like lithium, graphite etc.

There was an edited version being circulated which i had re-posted. hoops has kindly added KNG's exploration onto the chart. Now representing the fully diluted MC.

View attachment 5312206

As I mentioned on the twit - Most AUS based graphite projects are $20/t whilst KNG is only at $1/t.
SGA's deposit (in Kazakhstan) remains the only one cheaper on a contained graphite perspective.

For context there their process flow sheet for metallurgical recoveries hasn't been as favourable as others. i.e. Not reaching battery levels and high purities only being obtained with pretty aggressive techniques can read more on that here. Post #:65178462 Post #:65174892. GA's market cap was actually higher before met work results as i think market was pricing in something more favourable.

Met work for KNG as per a video from the MD is going to start post the diamond drill holes on this program which was flagged to commence in around 2 months.

So should have a good understanding of whether we're meeting the exploration target via this drill program and then post the met work whether that material looks amenable for battery anode material.

The question is what should the ev/t be now?
What should the ev/t be once the resource is now JORC complaint MRE?
and what when the met work is proven?

Looking at the chart as a proxy and again re-inferring the premium placed on the AUS deposits. Even a $3/t or $4/t would place it degrees lower than other projects in exploration/SS. That would be a S/P of $1 to $1.35. You're still a fairway along the left hand side of that chart even at that value.

SF2TH

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Just to re-enforce my point. Here's shows the projects located in AUS. $30-40ev/t...
Not saying KNG should be at that level - but does show future state. Also provides a fairly good optic/case that maybe 3/4/5 ev/t would be fair? Re-rate opportunity for sure so watching the traders flip is interesting.

SF2TH

KNG Price at posting: 34.0¢ Sentiment: None Disclosure: Held
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Last 22.0¢		Change -0.005(2.22%)		Mkt cap ! $13.51M

Open	High	Low	Value	Volume
22.5¢	22.5¢	22.0¢	$2.662K	12.00K

Buyers (Bids)

No.	Vol.	Price($)
3	6010	21.5¢

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Price($)	Vol.	No.
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No.	Vol.	Price($)
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0.230	37726	2
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Ann: First Holes Intersect 150m of Graphite Schist at Leliyn, page-20

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Ann: First Holes Intersect 150m of Graphite Schist at Leliyn, page-20

Top Stories

BCI reaches close of funding facility for salt-first part of Mardie project

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

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Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Buxton projects new graphite province discovery at WA Narryer play

Featured News

Buyers (Bids)

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