KLL will soon be rerated. Not so competitor projects, who will lag by comparison.
A window opens to buy additional acreage cheaply and cement leadership in WA SOP. Offer them cash and equity (after KLL's price rise). Pioneer holders need not participate in the capital raise while enjoying the benefit of a stronger business.
The best target is the best resource. Has anyone ranked them all? Are RWD's lakes better?
Ash
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