KLL 0.00% $7.28 kalium lakes limited

Ann: Beyondie Operational and Corporate Update, page-33

  1. 6,707 Posts.
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    Sorry Panda,
    But a number of problems with your scenarios.
    Let's discuss some.

    First one , how much money needed ?
    Remember , it needs to cover until the end of 2024.
    At what price?
    A 5 for 1 at .5c will raise 50 million , how many people will be willing to put their hands in their pockets to the extent of doubling their present exposure?
    25 million , add half their exposure?
    Would you?
    If you think half a cent too harsh , what would it trade
    at if not suspended tomorrow ( half a cent is
    being generous in my view)?


    The banks are better off putting it into admin, then liquidation trying to sell the project as a whole.
    Better chance of getting some their money than trying to preserve shareholders.
    Admin by the end of the month.

    Neither rwd or amn or bci for that matter , have tried for project finance as far as I am aware.
    Hard to see any getting it now , but if there is a new process, or if someone solves floatation , industry back on.
    Least likely outcome is that present kll shareholders will be involved . KLL is a Norwegian Blue


    On better, richer deposits closer to the coast , where might they be?


 
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