Our Peers., page-26

Fund mangers continually complain about investing in up and coming new mines and then lose huge sums of money like they did in Lynas with rare earths, but then seem to be ever attracted to these companies who hype large resources and even 20 year total off-take returns as a single headline.

Bigger is not better, everyone who has ever started a new business knows that you have to start to market and grow your business and place within the market to ensure the cash flow is there and the business can be adequately adaptable serviced to market conditions to give your company the best chance of success.

You'd think the Fund Managers would reward KNL for acting appropriate in managing their business.