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

KLL

Click for more information

0.00%

$7.28 kalium lakes limited

Ann: BSOPP Feasibility Study Complete - New 120ktpa Base Case, page-103

First 103 Last

Share
Profile

Follow
tcf

6,864 Posts.

273

18/08/21

17:16

Post #: 55392253
Share

Originally posted by bigdtrades: ↑

One can hope. This is one of the worst decisions I have seen a management team make to date imo.

And no, I did not see this coming before first production.

I did expect and encourage expansion post first production. Makes little sense to time it NOW.

I doubt this will go to 13-15 cents again tho. I believe it's reasonable for it to sit at 18-20 cents here. If it goes below it'd simply demonstrate how incredibly stupid this move is. Doubt even the instos would want this. Anyway, I'll hold but sincerely disappointed.

As before, I think there's good value here. Even with AISC that basically stole the entire margin of a better SOP price. I do still suspect that this cap raise for expansion is being used to hide small cash shortfalls coming into ramp up. The timing of it might tell I guess. GLTAH

Expand

If it’s the case are short on funds to get this current project up then the market has been mislead.

The company has continually been advised “on time on budget”. we have to trust that’s true.

KLL Price at posting: 18.5¢ Sentiment: Buy Disclosure: Held
8 Upvote

0 Great analysis

Reply

Top Stories

Revolutionary inverter technology leads the clean energy charge

Dale Gillham's weekly wrap: picking resilient stocks in a volatile global market

Bitcoin: Current State of Play & Where to Next | Swyftx

Emerald & Azure score Digger & Dealer awards

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

There are more pages in this discussion • 246 more messages in this thread...

First 103 Last

Add KLL (ASX) to my watchlist