KNL is only a boutique and not a super pit because management (understanding the opaque graphite market) have chosen not to drill epanko like a Swiss cheese to get a 1000 year mine life and haven't gone down the dragon path for "fake takes". KNL could quite easily have gotten a mc of $200m during its drilling Program if they did that.....
Say it often enough and it becomes "fact".......until it's not.
At the end of the day a company needs to based on reality, something that KNL definitely is and hence why we aren't seeing Huge volumes and spikes as there is no blue sky valuations to get traders interested.
I am still waiting for this LEFT FIELD announcement - I'm certain we haven't seen it As yet.
KNL is only a boutique and not a super pit because management...
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Last
9.9¢ |
Change
-0.001(1.00%) |
Mkt cap ! $44.94M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 9.8¢ | $21.04K | 210.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 101282 | 9.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 6000 | 1 |
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| Last trade - 15.52pm 23/08/2024 (20 minute delay) ? |
| EGR (ASX) Chart |