RE:KNT has been roughly between 6 and 10 dollars for 5 yearsAnything above …roughly $9.50/share is a new territory of trading for KNT. What this means IMHO …is that this level of share price needs to be backed up by tangible & sustainable new production level....... not just promises.
Fool me once (in 2022 & promises of 100k oz) which was good for over $10/share – briefly but don’t try to fool me again or we will see $5; deliver! The point is that any new level of share price like North of 10 - needs to be supported by actual production and not just promise.
I see resistance at $17.99…..lol.
G37