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KLL kalium lakes limited

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Ann: Facility Amendments Executed with Senior Lenders, page-5

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Farmerfreddo

277 Posts.

54

27/02/23

12:54

Post #: 66485208
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Originally posted by tcf: ↑

Confidence from lenders is super. More good money thrown at a German tech problem. Would the Germans walk away if they had to pay to make the plant work?!

The report says nothing to give shareholders any confidence at all. Not one word saying the spend is working to improve production.

They say it is a valuable project but for who! Are they producing SoP?! Sounds to me like they are preparing shareholders with no expectation.

Why won’t they tell shareholders?!

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Agree more info on plant would be good. Reading between the lines, to get deferred payments and interest tells me things are back on track. No way the banks would have done that if things were continuing down the loo!

KLL Price at posting: 3.1¢ Sentiment: Hold Disclosure: Held
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Ann: Facility Amendments Executed with Senior Lenders, page-5

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