Something missing for KLIt does seem to me something is missing for KL. Maybe PI is right and they're being punished for not deploying their huge cash reserves via share buybacks or dviidends. Is management losing their business acumen?
I jumped into KL after Sprott became board chair in early 2015. Share price was a little over $2 CAD back then and was near $42 when he left in March 2019. He was responsible for bringing Fosterville assets into the KL embrace, and he recruited Makutch as ceo. I can't say we've done very well since he left. Maybe just a coincidence, or are we missing the spark he provided.
The company is producing good numbers and cash flow is great, so the puzzle is why is sp lagging peers. In earlier years when I was more active with stocks I would email and phone companies for detail and always got connected with either the ceo or the ir contact.....but similar to PI's experience, I can't get any response from anyone at KL either by phone or email. I guess they have no time for shareholders. Of course we could just sell and move on, and yet the KL fundamentals should be a compelling reason to own. Just puzzled is all.