KLL 0.00% $7.28 kalium lakes limited

KLL has no transport? Who would of thought?, page-124

  1. 3,055 Posts.
    lightbulb Created with Sketch. 158

    The aim of the expansion study is to accelerate an increase in SOP production capacity (having regard to the
    increasing SOP prices), which will involve a low capital intensity expansion. Further, the increased
    production will enable realisation of economies of scale, offsetting various negative macro-economic factors
    (predominantly the foreign exchange rate in the case of a strengthening Australian dollar, increased freight
    costs, and various COVID-19 impacts), while at the same time taking advantage of the recent increase in
    SOP prices. Updated cost estimates will be provided as part of the 120ktpa SOP expansion study.
    The Company has also commenced the assessment of potential funding opportunities to achieve a 120ktpa
    SOP expansion, with ongoing discussions well advanced between the Company and its financial advisors,
    senior lenders and off-take partner.

    The Company will, in due course, provide shareholders with an update
    in respect to the expansion study, as well as the status and outcome of the above discussions.

    Yes it will be interesting of the timing of when this announcement comes.
 
watchlist Created with Sketch. Add KLL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.