Fellow Graphite Lovers,
I am starting to think some people on the KNL thread are starting to rival the great King Louie for the greatest pumpers ever seen on HC. The KNL SP is in freefall and anytime someone makes comments which is NOT "rah rah" or "pumping this stock TON style" the mob here call for blood.
The market simply does not like the KNL story as it is currently being told. The market hates it and clearly the "SOLD OUT" theme is being laughed at. The market does not rate your low grade/value offtakes or your plan for a boutique mine.
Instead of turning on posters with an alternate view, what about you go after your weak management and implore them to activate the plan B or C strategy? A widely accepted view is that "INSANITY is defined as someone who keeps doing exactly the same thing but expects to see a different result"... Maybe new management or board spill, as clearly the current approach is not working...
As for Matt72 suggesting your RAP will will cost $10mUS, well I believe he is wrong on this point. For the record I believe it will be more than $10mUS, and will not happen for another 6- 12 months at best.
A number of people suggested months ago this ship was sinking and heading below 20c and even 17c. Well here we are and the rah rah brigade still look at simply shooting the messenger. " Nothing to see here, us KNL holders are really happy with the declining SP but at least we are SOLD OUT"
Best of Luck KNL holders and my humble advice would be you all focus on the weak KNL management, lack of strategic direction and insipid execution. Focus on these activities and the KNL SP might start tracking north. The industry needs graphite explorers to prosper and move into production for the greater good.
I wish you all luck.
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Regards 1973 xoxooxxoxo
