Yup@Imijay thats about how i see it too. The full debt financing may be out before the fed grant is even given knowing how slow govt depts are. I hear rumours term sheets are being worked on already.
the news Im also hopefully waiting for is the deal with a US govt backed buyer to pre-commit to take out the last of their off take. The US are behind this deal IMO we first heard about it from one of our 10bagclub guys in US ages ago. But so far they seem to be behind the scenes- maybe the ones behind the scenes pushing the AUS govt to give the loans and grants to make sure it happens.
Thats why ive been so bullish on it from day 1 we took the 5.5 cent placement amongst our club members. IMO Its just been a matter now of how high will this go, and for that like you i have no real answer. I just figure its well over 50 cents for pretty sure.
will it be 60 cents? 90 cents? or $1.20 or more is beyond my pay grade. But I'm free riding already with my shares now, so just enjoying the ride north.
KIS Price at posting:
34.0¢ Sentiment: Buy Disclosure: Held
