The flipside to your post is that KNL supposedly have finance and offtakes in the bag and it means nothing to the market. If has actually eroded the sp. Magnis is flying on speculation that they will get finance and offtakes.
Have you noticed another Tanzanian graphite company with a huge deposit is making gains with no news. Kind of tracking Magnis. So why isn't KNL grabbing any MNS slipstream?
Last September you said 23 cents will be a distant memory by the end of the year. Now if is almost a case of will it ever see 23 cents again.
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