Member Info for LTbeliever

I'm talking about the real range (i.e. when placing a real BUY and a SELL), not the indicated range.

Actually, spread is narrower now, 1.84-1.92, so about 4%, not bad given the low volumes today.

Howardzzz, Mkt expects EPC RNS by end of Q2, so if nothing happens tomorrow, we still have 3 more weeks.

So, we shall see; as I said before, there are 3 parties involved (counting the Minister of Mines in, even if just for the photo op) in the EPC's signing.

It'd appear that the recent consolidation around 1.50-1.60 might provide a solid springboard for the next jump to 2p+.

Not many SELLS around 1.50 would imply that whoever is on board now, is waiting for something bigger. IMO

Really big spread now, 1.76 -- 1.94, seems the MMaker is not sure where the SP is heading.

Maybe someone is expecting an RNS tomorrow, together with the AGM?

The only concrete date we have is "end of Q2" for EPC signing, nothing else. So, barring another extension, that's less than 20 trading days away.

Not too sure about that; on the hand, it's the right time and place, on the other hand, it might be beyond Kore's control i.e. we need the Chinese and possibly the Minister of Mines (given the importance of the project and the RoC's 10% stake).

Seems the big buyers are holding fire, for time being; let's hope the RNS will come soon, rather towards the end of June!

Porky, us dreamers 'll take our chances. You have a few more weeks for your flying lessons :)

Cash sufficient to Aug24, as at end of Jan.24, plus cash from all the deals and pending business since then (which is over 2mln for signed deals, plus 3+mln advanced stage, plus unknown amount of under the radar contracts/recurring business); this -assuming a NPM of 50% - will add another 2+mln cash for calendar 2024 i.e. extra 7 months, which takes us to Spring 2025 (ignoring 400k+ tax refund in Q1 2025). By then, obviously, more deals will be announced.

Partners with the Chilean State, in essence; for the co-production of lithium, potash etc in the Atacama desert;

https://ir.sqm.com/English/news/default.aspx

obviously, this is a long term strategic partnership and given that Kore's potash will be cheaper than the Chilean one (due to the climatic conditions of the Atacama), IMO, this is good for KORE - after production starts!

In the absence of news, the SP is unsupported and entirely dependent on the whims of the Buyer or Seller (whoever is willing to commit more cash); we had a 40% pullback, from the highs of 2.6 (almost) to 1.60, question is - will there be support on Monday morning?

Look at the RNS -- He sold from 4% down to 2.5; this is around 7mln shares.

Looks like our boy, Slater, took some profits?

Rekash, consolidation is now taking place - at much higher SP levels - so the SP should stay around these levels; people bought in at 1p and over, on the anticipation of the EPC etc; they are new holders so apart from a few traders that want to lock some profits, most of the rest are sitting tight IMO.

After a 500% rise (from 0.50 to 2.50) on NO news, a 20% pullback (2.50 to 2p) is not unexpected IMO; we are still due the EPC news, so if the SP hovers around 2p until then, we can see 3p+ next month.

A bit more patience only is needed; About 20 trading days left to the Y/E 2024, I am sure we will get another 3-4 RNSs by 30 June.

I think we can say, London is for the official RNSs, and JSE for insider trading :)

Thanks 99, so it's clear that ASX follows LONDON.