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The next 100 days, page-2

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cromwell

626 Posts.

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22/09/15

12:14

Post #: 16035752
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Originally posted by shumbi ↑

Rather than obsessing over every daily blip in this low-liquidity stock, I propose some short/medium term thinking.

In 100 days it will be New Years Eve and we'll be looking back on a hopefully transformative 2015 as regards we patient holders. Most of the uncertainty will be far behind us and a detailed March to production will beckon in the new year.

In my view, the main question mark relates to how much of the development funds will be raised by way of equity. I expect the board may want some equity to compose the funding for risk management purposes but I hope this doesn't exceed 10% of the total. I also hope we look to a JV instead of a CR and negotiate the equity at say $0.35 instead of a VWAP of our current price. For this to be achieved, we may need to look overseas with Germany as the obvious target as the domestic options lack the vision to make such a deal in the Graphite space IMO.

I hope this is all clarified in the coming weeks and by New Years, we're in a very different place.

What are your hopes and expectations for the next 100 days?

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What would be a good start is the funding announcement following the presentation on thur/friday.

KNL Price at posting: 20.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 8.7¢		Change -0.002(2.25%)		Mkt cap ! $39.50M

Open	High	Low	Value	Volume
8.9¢	8.9¢	8.7¢	$42.18K	478.9K

Buyers (Bids)

No.	Vol.	Price($)
2	44000	8.6¢

Sellers (Offers)

Price($)	Vol.	No.
9.0¢	99888	1

View Market Depth

No.	Vol.	Price($)
2	44000	0.086
2	18000	0.085
1	2500	0.084
1	60000	0.083
1	30000	0.060

Price($)	Vol.	No.
0.090	99888	1
0.091	103204	1
0.092	39999	1
0.094	10000	1
0.095	58100	2

Last trade - 15.36pm 09/10/2024 (20 minute delay)

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