Ann: Quarterly Activities and Cash Flow Reports - 31 Dec 2022, page-67

Spot on posts Navarone,
KLL is in ramp up for another 18+ months, missing this and next season. The whole cycle needs to be sorted and set (100% ponds, processing) prior to a season starting in November. As an investor, it’s actually an easy marker to judge, missing it means a year delay each time.

I’ve always referred to this project as ‘Burke and Wills’, sufficient cash flow for the full ramp up. If they make it through this 18+ month period it will be a sign to jump back in.

it looks like the water is starting to run dry, so all the best to the continued long term holders.