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Quest09

960 Posts.

134

28/06/24

11:21

Post #: 74519377
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Originally posted by Quest09: ↑

OIA have been one of KP2s largest holders for a long time now (many years). If i recall correctly OIA along with SQM provided many millions in capital investment (20 million plus) to help develop the Definitive Feasibility Study, which brought us to this point today.

Highly unlikely that OIA is going to walk, much more likely that they would increase their investment.

OIA placing a representative on the KP2 Board is a massive step forward IMO. IMO the Oman Govt has big influence over the project outcome because they have a good relationship with the Chinese and are a regional government to the African continent with regional influence also.

IMO, this move by the OIA almost cements a positive outcome for KP2.

Expand

"Oman-China trade hits record high of 40.45 billion in 2024"

Oman government's investment fund (OIA) is KP2s largest shareholder.

Like i said, IMO this is a massive step forward in cementing a positive outcome for KP2's deal with PowerChina.

Originally posted by Quest09: ↑

Appointment of a new Director to the KP2 Board to represent the OIA and its investment and to provide support for the development of the project.

Great news IMO. Can only produce positive results and greatly increases the probability of near term successful outcomes for KP2.

Expand

Originally posted by Quest09: ↑

Appointment of a new Director to the KP2 Board to represent the OIA and its investment and to provide support for the development of the project.

Great news IMO. Can only produce positive results and greatly increases the probability of near term successful outcomes for KP2.

Expand

KP2 Price at posting: 3.1¢ Sentiment: Buy Disclosure: Held
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