KP2 (ASX) KP2 Discussion

Originally posted by Quest09: ↑

Strong flow of market sensitive announcements on the horizon....and this list does not include various other potential market sensitive announcements like the signed offtake agreements which will likely occur soon, or the potential sale of the DX project, or the potential listing of KP2 on the main board of the LSE, etc, etc.

I notice that KP2 don't do much marketing and/or self promotion (this lates presentation included). Even their significant achievements which are announced to the market seems to place a moderate and contained/calm spin on the KP2 narrative.

IMO, it seems like KP2 know the value of what they hold, and are happy to be patient with the share price (often while insiders and major investors are accumulating shares, as we have seen recently).

IMO, when the time is right for KP2, we will see a massive and major re-rate (on the horizon). In which case, those who are patient will do best.

IMO, 2025 is looking like another breakout year........a year which will likely exceed the breakout we experienced last year.

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At 15:48 of the presentation (as per below screenshot):

" ......it will be a combination of debt and royalty finance. I can not give you any details because we are expecting the term sheet in late February, but that is forthcoming and has been confirmed....... "

Seems pretty conclusive to me.

USD $1.9 billion dollars in funding (AUD $3 billion dollars) is "confirmed and forthcoming" within the next 4 weeks.

IMO, any company that secures AUD $3 billion dollars in project funding should see a significant market cap re-rate. Any guesses on where that market cap will sit.?

KP2 market cap re-rate is on the cards and is just around the corner IMO.

=)

Originally posted by Quest09: ↑

KP2 Project Funding

So project funding for KP2's Kola project is our next BIG milestone after KP2 recently signed an Engineering, Procurement and Construction (EPC) contract with PowerChina.

IMO, KP2 has already largely come to an agreement about project funding, and there remains only the formalities of receiving the Financing Term Sheet and the signing of the Finance Contract for funding to be officially secured.

I derive my opinion directly from the market announcements released by KP2 (as per below screenshots for example), where KP2 appears to confidently state: "the Summit Consortium includes OWI Global, headquartered in Abu Dhabi, who will provide royalty financing in conjunction with product offtake" and "the consortium has advised that the financing term sheet for the construction cost of Kola will be provided to the Company within three months of the execution of the EPC contract".

IMO, project funding has been all but formally secured for a long time, and IMO the formality of securing the required funding is not at risk.

....but who is OWI Global.? See below for more details.

OWI Global

On speculation, OWI Global appears to be a sovereign wealth fund for the United Arab Emirates (UAE), based in Abu Dhabi.

OWI Global appears to be tasked with diversifying UAE investments away from oil & gas in preparation for a post-oil-world (as per in below images).

OWI Global appears to focus on providing funding within four key areas of interest, with Food Security being the first listed.

As we know, potash fertilizer is a critical mineral in the effort to ensure global food security, and as we know KP2 is building a potash mine which is has one of the shallowest deposits globally, and is also among one of the highest grade undeveloped potash projects globally.

Furthermore, KP2's potash mine is located in the UAE's region, so local investment in local food security would make sense for OWI Global and would also align with OWI Global's stated investment goals.

If i'm on the right track here, then once again, the claim that KP2's project funding is all but formally secured is looking to be pretty strong IMO.

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