Thanks for the K+S insights, sabine.
Their buying a significant position in KLL during the capital raise would depend on a quick sale of the US salt business, which looks unlikely in the middle of this Coronavirus capital freeze.
I imagine the federal and WA governments would resist a foreign - though not Chinese - player taking a big chunk at a deep discount in the best placed SOP project in Australia. They see this as a brand new industry of global importance, hence the large NAIF loan.
We will know more 4 May.
Ash
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