Just a view22 Jan 2018 10:46
My first thought was , can kicking for time.
My first thought on suspension and late filing of accounts was they were with the clients - 1 of the 2 possibly were currently going through them.
Yes it is possible that the client / s found an error or something that needed clarification. As per normal KENV , it us only ti be expected.
My 2nd thought on suspension and accounts in Dec was , they confirmed 400m of drilling at the start of December. This drilling was not said to have stopped on suspension IE they had money and authority to carry on spending on the drilling tests for LITHIUM. Today they point out work has carried on ? Time will tell.
My next thought was back to can kicking.
3-4 weeks for a 1000m core x 6-10. 3-4 weeks for core essay quailty and grading which WILL be high as we all know from historic data. The old data has nothing to do with these guys so I trust that data. Crikey one old mine is called Leipidolite Mine after a forn of Lithium !
I think one of the clients probably did find the accounts odd with a mix of holdings within KENV. Ok this sometimes happens , but again expected from KENV , nothing shocks me now lol.
However, this is to correct the issue. Mighty close to Tax filling time ??? I am really guessing here but my gut says someone wants a stall on a deal maybe for April. KENV to provide accounts by early March ready for a Lithium resource RNS and then a buyer in at a cheap price before KENV goes above 10p OR some mix of that which enables a buyer to get in cheap ?
Lithium at high grade IS there FACT. As I have been saying , this will not be ignored by China or now the US.
Just my thoughts , can kicking at the moment, same as EMH. Deal ready , just bits and bobs to sort out ?