THE BILLIONAIRES CLUB -Well big news today. I said hti swas EXTREMELY BULLISH! and great reserach @VatreniHR finding out that this DACH group was behind it. We heard that the cornerstone investors behind this placement were huge. But this mob are about as big, strong rich,and highly respected as any European or global investment group. All of them are billionaires. Plus they own about 7 huge banks between them!
I have also heard that since the Tasi govt gave their AUD 10 mill grant - KIS has already got bank offers for the balance of the full debt financing from locals Oz banks. Any of these guys private banks could fund it too - so with a group of this calibre behind them - the debt financing is a given - no two ways about it.
I would also say that after that Tasi minister went down in the mine and mass tweeted a vid saying the govt was going to" help the mine develop" its probably also a given that the next federal grant (yes, grant not loan! - which means free money) for AUD 15 or 20 million from the new 1.2 billion fed govts new critical metals development fund - is now also a given. (PS someone should look behind where that money came from-id bet theres US govt money behind it) So anyway to me getting financing is no longer an issue.
Menawhile the shareholding in this little out-in-left field asx junior is increasingly looking like wall-to-wall billionaires - so doesn't that tell you normal investors something?. Go with the smart money?
Lets recap.
-firstly there's the two founders multi-hundred millionaires Chris Ellis and his partner who pulled off a coup of selling their previous coal project for (was it 1.1billion USD -If my mind serves me rightly) They own 44% of the company . Next in was local Tasi billionaire Dan Elphinstone Tasmania's richest man. (who came in at same time as us, the 10baggerclub -(and we have 2 billionaire members and several big multi millionaires.)
Now we have the german Redbull Billionaire, Dietrich Mateschitz (one of Germanys richest men)
-and critical metals specialist and investor an almost billionaire Heimo Quaderer.
-Then theres Billionaire Prince Michael of Lichtenstein a renowned smart investor and also the head and part owner of LGT group, the biggest family-owned private banking and asset management group in the world.
- And lastly there the co director and large investor billionaiire Austrian banker HRH Simeon von Habsburg- from one of, if not the, richest family in Europe, he is also MD of their private bank VP bank in Lichtenstein where some of Europes wealthiest families and industrialists bank.
Mates! do i need to say more! whyTF do you think they re all piling int and buying this junior ASX stock? why were three big US institutions knocked back for this placement? Why do you think the Tasi govt and next the federal Govt are foing to givce loans and grants to this comany do you think its a coincidence???.
They have all figured out what ive been telling tou all for since last October! The west is out of High quality tungsten. This in the only knownm mine left. The western governments need it at any cost to run their high-tech medical industry and more importantly their militaries!
This mine will now get its finacing for sure, It will go into production, almost all its offtake is already agreed on a take-or-pay basis.
And moreover IMO the high purity Tungsten price is going through the roof in the near future as people fight for it, There are no other high purity tungsten mines known in the west and even if one is discovered it takes years to get them into comission.
This share is going alot higher, so close your eyes and buy! Dont try to outhink the billionaires,- youve all heard of follow the smart money right? They were buying today - so buy this stock - up to even 40-50 cents.
If you dont you will probably only sit there watching it go up and regret not buying it! and IMO do it ASAP before the European market figures out why this power group of investors (probably no 1 group in the German speaking world) have gone into this obscure little stock on littel King Island in the bass straits!
I own millions of share but i went and bought more at 27 cents today!
I rest my case M'lord.!
KIS Price at posting:
27.0¢ Sentiment: Buy Disclosure: Held
(20min delay)