I mentioned that tongue in cheek last year. Management at KLL seems to have been found wanting and there's been multiple issues. KLL were in a trading halt a while ago for what seemed like an eternity and I really felt for the holders. I was one of them at the time. They've had production/processing issues since and this was going to be the first producer of SOP in Australia.
KLL have an off-take agreement in place and WES would be a perfect fit to prop up this venture that's currently posting losses. WES already have chemical expertise and they could get this dirt cheap considering that the SP has gone from 50c to about 9c.
But hey, If I knew anything about anything, I wouldn't be posting here. I'd be rich and laughing at comments like mine whilst choking on lobster.
$30 price fair value with reasons, page-140
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Last
$68.57 |
Change
1.290(1.92%) |
Mkt cap ! $77.77B | |||
| Open | High | Low | Value | Volume |
| $67.60 | $68.88 | $67.51 | $107.7M | 1.572M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11951 | $68.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $68.60 | 100 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| WES (ASX) Chart |