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$7.28 kalium lakes limited

Ann: Suspension from Official Quotation, page-39

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PerthMagic

115 Posts.

16

24/02/20

18:28

Post #: 43120249
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Originally posted by sevo: ↑

It was already the most capital intensive project (from memory). A blow out would be a concern for the whole sector unless it is shown that it is a cost very specific to KLL.
The SO4 Lake Wells scoping study compared to the Lake Way DFS was a massive blowout. All these projects are much more expensive than anyone originally thought.
Back in the RWD glory days, a Shaw Stockbroking research note estimated the LD capital cost to be $150M.

But KLL look to have been very methodical, it would be very surprising to see a major cost blowout.

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Huh ?

The Lake Wells Scoping Study was c.$220m for 200,000 stage 1.

Lake Wells DFS is c.$250m for 240,000 tonnes.

Is that you definition of a massive blow out ?

Wow.

KLL Price at posting: 49.0¢ Sentiment: None Disclosure: Not Held
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