On the flip side of all the down ramping that is helping to short the stock....
On the MNS thread - they are getting all excited about 1 binding offtake agreement signed before Christmas - with Chinese buyers.
The MNS share price has gone up quicker than KNL has dropped.
So if/when the 2nd binding offtake is signed with a 2nd European buyer - what do you think the KNL share price will do? Plus there is talk of another MOU (possibly), also signed before Christmas.
Funding will be sought from that point 65/35 debt & equity.
The shorters know they will have to find another target once this happens so they are pushing it for all it is worth now - b26 care to comment - I'm sure you will.....
Vx.
KNL Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held
