With Magnesium booming, KLL could have feasibly joined the hype train and rode the Magnesium train with Latrobe Magnesium.
https://ecomagnesium.com/wp-content/uploads/2019/11/KLLAnn26Nov.pdf
8.52Mt of Magnesium as per 2019 JV Announcement.
Shareprice Could have been 30c+ (and had way less dilution).
Sort of a shame the board kamikazed the share price, but if Magnesium holds up past December (which is possibly unlikely as China will begin ramping production back post olympics though LT Magnesium remains undersupplied/invested and tight vs growing demand) when the overhang of the ill timed raise clears, could KLL be the next Latrobe?
For what it's worth, magnesium looks like it's a very short term spike, but this is more about the longer picture since KLL will likely miss out on the spike but Magnesium should strengthen into late 20's. https://www.bloomberg.com/news/articles/2021-10-26/magnesium-crisis-shows-signs-of-easing-as-china-ramps-up-output
Board need to desperately improve their strategy, get some Magnesium presentations out about the Magnesium potential at Beyondie....
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