"Looking at the facts, there have been no decent sized reputable off takes in the last couple of years"
If we are talking Super Pit kind of dream (western) offtakes in the 80 to 100ktpa range for a single customer, there's no such thing - never has happened (as far as I know).
There are only two ways this whole thing can play out:
Option 1
If MNS or SYR or absolute best case scenario BOTH
manage to get a few > 50ktpa western offtakes than that will confirm
the demand for G is here and now and battery makers have decided to use flake
G for the next 5-10 years. And all 3 Co's KNL, SYR & MNS will be riding into the sunset.
Option 2
MNS and SYR will get some Western offtakes but they will be in the < 50ktpa range
that will call for remodelling of their business plan and inflict substantial damage to SP
KNL is viable either way this will play out.
D-Day is coming
KNL Price at posting:
22.5¢ Sentiment: Buy Disclosure: Held
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