I understand many HC contributors are concerned of the KLL SP drop. Forget about those selling out are so many reasons, rather consider who is buying. For example, I buy in the dips and picked up another 20,000 @ 15c today. A few years ago I first brought into KLL @ 14.5c. There are always buyers entering or accumulating. I am happy to see out the next 12 months of development progress. Also have some APC, but sold out of RWD for a small profit. Was always a bit sceptical of SO4 and both AGM & DNK overvalued on good marketing. Main buy factors for me are strong market demand/price trends, global supply constraints over next 5 yrs, actual stage of development of both APC & KLL (boots on the ground and not just talking potential), and BOD equity in the business. There are no guarantees in any ASX listing, but in a huge growth fertiliser sector one must make choices. I'm happy with my lot accumulating in the dips based on the above fundamentals and wish all holders the best for 2022.
GLTAHs
KLL Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held
(20min delay)