Hi Gracie
I'm in...again! Why?
1. Very significant KNL management financial skin in the game;
2. KNL management has 30+ years of experience in Tanzania;
3. Thawing of regulatory glacier in Tanzania which has stifled foreign mining in the nation-state for almost 2 years;
4. The Barrick deal is the keystone to unlock Tanzania's regulatory strangle in its mining sector;
5. The EV revolution is gaining global momentum at a sizzling rate and it's not stopping, so the demand for graphite will only increase exponentially;
6. The ECOGRAPH hedge gives us a fall-back position in Europe;
7. KNL's non-dependence on China given geopolitical issues in the South-China Sea and current trade heat with USA; and,
8. It's ridiculously cheap at this price and I am assessing a 10-bagger in the medium term and further long-term growth i.d.c.
GLTAH