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KLL kalium lakes limited

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Ann: Quarterly Activities and Cash Flow Reports - 31 Dec 2022, page-55

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Reaper11

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01/02/23

20:57

Post #: 66016339
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Originally posted by boomeronrations: ↑

Hi Megamoney,

Essentially yes , a bit more debt for a little bit longer.
Money to keep going has to come from somewhere.
KLL isn't self sustaining , and I doubt a capital raising would be successful.
The lack of market reaction suggests that not much has changed .
But if the banks withdraw their support , shareholders can probably kiss goodbye to their money , and somebody like me , with shares in other sop hopefuls , follow down the drain.

Expand

It's a strange situation where other SOP hopefuls appear dependent on KLL. Im still struggling to work out why a process that seems routine in other countries becomes fraught with difficulty in Australia.

. Reaper

KLL Price at posting: 3.7¢ Sentiment: None Disclosure: Not Held
4 Upvote

0 Great analysis

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Ann: Quarterly Activities and Cash Flow Reports - 31 Dec 2022, page-55

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