KPO 5.56% 1.0¢ kalina power limited

Ann: Kalina Secures Site Control, page-208

  1. 1,432 Posts.
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    Agree cashflow is always important. Although i will be looking at the outgoings on this one a little differently. The more outgoings this last quarter will also mean the more activity in terms of permits applied for, interconnections designed and applied for, engineering work done, procurement work completing, costings closer to completion. So high outgoings is actually a good thing. In no small part because it will all be coming back as a project reimbursement at FNTP. The last thing we want is tiny outgoings and everyone sitting on their hands! And remember, they raised around $8M for this exact purpose because there was a lot of leg work needed to get to FNTP. They also have a credit facility. So spending on the project is ok. Just lets get this thing moving ASAP!!!

    Like everyone, I am really looking forward to reading an update on what has been achieved and whether we are still on track for FNTP Q1.
    Last edited by djwally: 27/01/21
 
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