Thanks for that. I haven't been investing in speculative stocks...

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wombat777

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02/07/17

21:31

Post #: 25618647
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Originally posted by grantaxl ↑

If we have good volume come in on the back of our anticipated announcements you would have to think a break of 34c last year and a test of all time highs... IMO a pullback will inevitably occur before we start producing and will probably be another slow period between November to May next year but then in the month's leading up to completing the mine build and producing that's when anything is possible depending on offtakes in place and graphite prices. If things go to plan I will probably offload half between 40-90 cents on the back of these next few months and hold the rest. Very hard to pick the sell points once the spot price is running. This year sold AC8 early at 65 from 20 and it went on to the 90s (but now it's in the 40s) and CIA sold at 45 and it went to $1.40 but did get the ZLD high right at 13. I think we deserve a great run on KNL in the next couple of months but we need everything to go right. First quarterly report after producing, one would like KNL in the $1-$2 range? Volumes will be interesting in the near term. Would prefer a slow constant spot price rise like RAP for example so sell points obviously vary on how quick we rise in spot price.

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Thanks for that. I haven't been investing in speculative stocks for a significant amount of time.

My current extrapolation of KNL share price from SYR share price by using SYR broker forecasts, LOM, kilotonnes of production, etc has KNL in the $0.66 to $1.86.

I'm intending to recover a portion of funds invested at some point too.

The tough thing to work out is how high will it go before it dips again.

Last edited by wombat777: 02/07/17

KNL Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

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(20min delay)
Last 8.3¢		Change 0.002(2.47%)		Mkt cap ! $37.69M

Open	High	Low	Value	Volume
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1	653	0.080
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Price($)	Vol.	No.
0.085	389459	2
0.087	100000	1
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Thanks for that. I haven't been investing in speculative stocks...

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Thanks for that. I haven't been investing in speculative stocks...

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