Hi Kentyd
tbh I was quite surprised to see this announcement. So great work anticipating it coming through. The shareprice didn't really move from it, but I didn't expect it to, its good news nonetheless.
My take on this announcement is that there is confirmation real interest in the battery market after the signing of the Sojitz offtake. What I mean by that is, after the Sojitz agreement, I think KNL has attracted a bit of attention (real attention, not just fluffy suttff) in the battery market and not the actual agreement being the interest. Hope that makes sense.
My experience with KNL management is that they don't really decide to do something unless there's real benefit. A great example is when they upgraded production from 20kt to 40kt after the EGT offtake - and not long after they signed the TK agreement. There are others examples, but I'm quite busy right now and can't give put them in words. Someone can help if they have a bit of time to give some examples for people that are interested.
My point being, this feasibility study really suggests that its worth doing, hence management is doing it.
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Hi Kentyd tbh I was quite surprised to see this announcement. So...
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