Plenty of money going out and nothing coming in is not a recipe for success. They carry quite a lot of debt so will need to get things sorted very soon imo.
KLL is also going to miss this years WA cropping season which would've been a great pr opportunity to promote itself as a homegrown solution to phosphate supply.
Still too much uncertainty here to tempt me to average down. Companies often look like they confess to the problems they're experiencing, but don't actually reveal the full extent. We get drip fed the bad news and timeframes slowly get pushed out. I'll suspend judgement until the next update and see how it compares to what we have just been told.
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