Can't really add much value in TA terms, but when we compare the spike back in 2016, which was sector-wide and IMO mainly on hype and a couple of years to early;
i) China still had plenty of G
ii) EV's transition was still too far off
but fast forward two years...and today those two dampers are no longer there, that is from a sector perspective.
Then we look at the company specifics and we all know that enormous progress has been made since 2016.
So now we climbed up to 0.20c after such a long wait and a lot of ppl think it's gone up a lot but forget how cheap we still are and sell themselves short...the short-term market/investor mentality is to blame for that combined with the GOT debacle...so 0.20c now looks brilliant...however lets assume we make it to production, and we are not far off finding out, but let's say we will:
(Conservative) EBITDA for Epanko + Downstream = US$75mil = AU$104mil / 400mil SOI
* AU$104mil / 400mil SOI = 0.25c per share
or if our SP is still lower by the time equity needs to be raised
* AU$104mil / 500mil SOI = 0.21c per share
so today's SP 0.20-0.225c is a BARGAIN, and it was an absolute steal at 0.14-0.16c
but what can and most probably will blow your charts SP prediction is EcoGraf.
everything is coming together at the perfect time:
* EcoGraf producing spectacular results
* Germany is under enormous pressure to remain relevant with their enormous Car Industry/ massive contributor to Germany's GDP and Employment
* Germany is actively looking at ways to reduce dependency on China re LiB's
* GOT is under pressure as more and more citizens will start making noise due to the obvious loss of potential income this policy delay is having.
* KNL has everything in place to get started.
2018 - The Year Of The KNL - Only 260mil SOI
KNL Price at posting:
21.5¢ Sentiment: Buy Disclosure: Held