Just for reference, I’m no subject matter expert on graphite but I can comment on what I have witnessed from other plays on the ASX.
KNG is IMO > 4 years behind the companies I mentioned. Still very early stages here and plenty of work to be done to get to that stage, if ever. That’s the beauty of investing in companies at such an early stage, if everything is proven along the way and all the ducks line up (graphite price increase etc) then happy days. On the other hand, the project could end up not being viable.
Reading the recent announcements, some near term catalysts which, if positive, could unlock some value would be the “maiden JORC resource estImate” and the “flotation test work” to establish the viability of the graphitic schist to produce a graphite concentrate amenable to further downstream purifying (PSG).
ALL IMO and GLTAH!
Just for reference, I’m no subject matter expert on graphite but...
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| Open | High | Low | Value | Volume |
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