KLL kalium lakes limited

Ann: Trading Halt, page-91

  1. 4,824 Posts.
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    We had 1.1 quarters of funding left last quarter. So I bet this is all about funding.
    https://hotcopper.com.au/data/attachments/5333/5333129-c02ffec6181ea92278d8faa75e298e93.jpg


    Options:
    1. Existing senior lenders are not willing to loan more of the Liquidity Facility. We have given ourselves 2 weeks to find more funding.
    2. Existing senior lenders are willing to load more, I don't understand why we need a 2 week halt.
    3. Ex director is considering a take-over hence why he quit.
    4. Another capital raising, although 2 weeks is too long IMO.
    5. Plant has another terrible month, basically failed permanently, will be sold for essentially nothing.
    6. A good month of near target, but not yet cash flow positive.... but why trading halt.
    7. Take over offer from another big player? $50 million is super cheap
 
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