Ann: Quarterly Cashflow Report-KNL.AX, page-31

Speaking of optimistic share prices I note that our northern neighbour has a $60m mcap compared to our $50m now. Are they over-valued or are we under-valued? Seems to be some disparity regarding offtakes, pre-development, finance pending, etc? Perhaps we should have spent more time trying to purify the concentrate rather than securing buyers - makes no sense to me but the market loves it? Anyway I agree with your thoughts and this is just my long way of saying I think that smart money must move towards knl post finance. However the way the market has been it may just be a "rise all boats" as brett said. Seems like someone is always riding our coat tails but not vice versa. Someone once said lose the battle win the war - is the war nearly over?