Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-9

This announcement, as someone already mentioned, was the perfect opportunity to trickle feed good news and slowly build confidence; so they missed the easiest way. Don't expect any SP manipulation for favourable credit raising positions, because I very much doubt KLL is going to. They seem to have adopted a new news approach of "release everything".

That said, there are plenty of things still pending. Completion of second transfer pipeline, supposedly this month. Full plant re-start in June. Commercial sales in July. Etc. Coupled with the global food crisis news everywhere, as long as they release announcements which say "on track for commercial sales", it should go up. I'd expect news of "further funding" after commercial sales is announced, by then it should be substantially higher. If it's before, the board is truly retarded, with no lessons learned. Keep in mind that's exactly what happened recently - and then they said "Hurrhurr oops".

If KLL can however, achieve funding externally without CR, we should see a solid upwards trend. It's certainly possible if they can provide evidence to their senior lenders and to K+S that things are now truly under control, and commercial sales are imminent.