The question will beg to ask whether you are referring to K-Meta powder or a K-Meta solution. I'll go with the latter first...
Since this will depend on the container it's stored in, how often it's used, and the ambient temperature, your nose can be a good gauge if the viability of your K-Meta solution is still intact. If it has that burnt-match-make-you-cough kind of odor, then it's still potent. If not, it may be time to make another batch. Since K-Meta powder is pretty inexpensive, if you doubting at all, make some fresh stuff.
The powder should last a significant amount of time if it is kept cool, dryand sealed, etc. Lately, I've used pound quantities and found that I willburn through that in a year's time without much difficulty - I've not had any problem with solution potency during that time.
- Jim