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2.5¢ kalium lakes limited

You are correct and i get your point, and yes they need to get...

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Acadaca

108 Posts.

23

06/01/23

16:28

Post #: 65566855
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Originally posted by Pseudo19: ↑

The cost to build the plant, install the brine recovery infrastructure and ponds is irrelevant.
What matters is profit per ton, tons produced and PE attributed to an ASX potash producer by the local market.
Getting the plant to spec is clearly the most important challenge but in the background is the cost of production which was last estimated to be over 200% of feasibility estimates.
The current SOP prices and exchange rates are favorable for KLL at this point in time. You need to consider longer term norms imo.
If these guys have made any meaningful progress then they owe it to the local sector to release the news. Along with SO4 they have inflicted some damage.

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You are correct and i get your point, and yes they need to get to break even position before adding further value for the shareholders (we hope they are able) Market conditions change and that is the only constant. But the fact remains to get a seat at the table one needs hundreds of millions $ to build the plant and other infrastructure.

KLL Price at posting: 5.0¢ Sentiment: Buy Disclosure: Held
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