Australia's largest stock trading and investment forum Australia's #1 stock forum

KLL

Click for more information

0.00%

2.5¢ kalium lakes limited

Ann: Successful Completion of Institutional Entitlement Offer, page-41

First 41 Last

Share
Profile

Follow
macssharesforfun

2,947 Posts.

608

03/06/20

07:59

Post #: 44997898
Share

Originally posted by Gibbaz: ↑

Looking at the December drone video, it sure seems to me that they may well enter production earlier than Q3 2021.
Didn't see any explanation as to why it was delayed so long - am left to assume a combination of covid and this mysterious "underestimating the modifications required to the German design".

Contractors now have shares = motivation to get it up and running instead of dragging their feet collecting hourly paychecks.

A new drone video, board and management restructuring and clarity on exactly what cost an extra 61m may sway me to hold LT otherwise around 22c is my exit target and i'll look at it again H1 next year. Management still have some explaining to do IMO - Dec 2019 presentation said "on time and under budget". A few months later and suspended for 4 months. Unprofessional to say the least.

Expand

Its not a "New" video - I posted it on the KLL threads back on the 19th December so it has been around for quite a while.....

https://hotcopper.com.au/posts/42042863/single

Cheers.

KLL Price at posting: 15.0¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

First 41 Last

Add KLL (ASX) to my watchlist

SPONSORED BY