This recent breakout is likely related to the market...

This recent breakout is likely related to the market anticipating the release of the KP2 project funding announcement (as per above attached).

KP2 has stated that they expect the finance term sheet by late February 2025 (which really means that the announcement could drop at any moment now).

If as expected, KP2 announce that they have received a USD $1.9 billion dollar debt and royalty finance offer to fund the construction of the Kola project, then IMO it would be fair to say that the KP2 project has been largely de-risked (with the last 3 months, KP2 would have achieved a signed and fixed-price EPC contract, and a funding offer for USD $1.9 billion to build the mine).

The share price re-rate could be, and should be HUGE....