KLL 0.00% $7.28 kalium lakes limited

Ann: BEYONDIE UPDATE - PROCESS DESIGN VALIDATED, page-106

  1. 407 Posts.
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    Settle hopeful2, I get your point about not putting forward a CR price unless you're sure it's right. But your final comments about not blaming management is a bit rough. Hopeful like every other shareholder who took up the 18c raise (or bought around then) have every right to feel aggrieved with former management. I put in a lot of homework on info they provided, and attended last year's AGM virtually and I can assure you the previous CEO absolutely mislead investors with a soreness of himself that was convincing. Personally I don't think it was intentional, but rather he was unaware of the full extent and nature of their production issues until after the AGM, but regardless anyone who relied on those representations has every right to feel aggrieved and dubious about anything the company says until it starts getting some actual runs on the board.

    I'm cautiously optimistic that the new CEO absolutely knows he has to deliver, and will give a comprehensive progress update tomorrow (before open or after close). Only then could they expect SH's to stump up any more funds with confidence.
 
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