EGR 4.76% 11.0¢ ecograf limited

Annoted reasons why the SP went up and why it might not stop until 60+ cents

  1. 10,916 Posts.
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    Here is a chart showing some very big interest in KNL. KNL is a graphite company that in my view is undervalued. I have highlighted some of the key parts of the ASX speeding ticket that might interest you all, in terms of catalysts to make this go sky high [note: I have made a new image from the announcement for convenience]. Look at that volume and OBV, smart money moving.

    Here's the important parts:

    1) KNL hopefully to soon be in binding off-take for its remaining 25% of initial production with Sojitz Japan.

    2) Sojitz supplies graphite to Panasonic.

    3) Panasonic supplies batteries to Tesla.



 
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