Trommel this is what I have been trying to tell them. Do they...

Trommel this is what I have been trying to tell them. Do they understand that investing in this stock has given no return on the price if you did not sell when higher in the last 3 years. Money in the bank with their pathetic interest rates would be better. 564xxl has held for a while and is a top 20 holder according to him. Having a quick look at his first post here I think he bought in at about 30 cents. Maybe he has averaged down but to me that is throwing good money after bad.

@564xxl I just can't see how KNL can turn this around. There are too many question marks for my liking. Why are they not raising funds? Some believe when KNL raise next it will be for their part to start building the mine. Imo no way. I believe they are 6 months away from this if it is to happen at all. However if I was Spinks I would be chasing another $10 million for working capital and Rap.

I believe form memory KNL have to pay the RAP payments out soon. Is this correct? @Trommel do you have the info on this? Maybe that $10 million could cover RAP payments as well. What would be the raise price though? Let''s be generous and say 13 cents. That's about 75,000,000 shares added to the 250,000,000 already on the market. So 325,000,000 shares that would be yet the mc is a paltry 40 million at the moment. I wouldn't want to be a holder here on the next cr even if it is not the amount I stated. When a company raises at a price so much lower than the last cr it is a confidence killer.