Ann: EcoGraf Optimisation Completed, page-6

1-2 months is too long for most to be invested in a Sepc Co these days...IMO this seller loaded up recently in the hope that a definitive announcement re EcoGraf partnership will be announced this month, this is now very unlikely, thus the exit and will allow others to get a decent amount of shares at this prices for a bit longer.

Important news today:

* supply agreement finalized to secure feedstock standard grade graphite (minus 100 mesh at 94% carbon)

6,000 tonnes in 2019
and
10,000 tonnes in 2020.

* The Company is engaging with GR Engineering to update the feasibility outcomes announced to the ASX on the 5th December 2017 and looks forward to providing further details shortly.

Considering GR Engineering is a major S'holder in KNL, the updated feasibility study will not take to long, and strategic investors are waiting to receive a copy of the new figures...we need to remember this is a fundamental shift in Energy and Transportation that hs commenced and will have major Economic and Political Consequences. KNL is in the right place at the right timebut this part here will be too compelling and the bidding will be fairly tense...


All IMO