I cant believe they left 65m shares opened until KAP news.
CCJ next week.
The fun just begins, this goes parabolic as the bear case just got smashed to pieces.
As stated previously the IRR and NPV numbers are going to be insane and utilities will be begging for supply and money will be offered to bring supply online early now.
All the guys who signed deals with KAP that will be wondering if they get supplied or thought they would be able to get a contract in the near future at $70lb are going to be scrambling and FOMO will kick into contracting.
Dilution will be mimimal and no way a steep discount.
M&A will be huge this time around creating more fireworks.
Going to be interesting to see if the shorters losses hit 9 figures.
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I cant believe they left 65m shares opened until KAP news.CCJ...
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