Ann: BSOPP Feasibility Study Complete - New 120ktpa Base Case, page-65

What a complete balls up.

I hold KLL, but the KLL stockprice deserves everything thats coming for it. Management need to get whats coming to them also.

This was my fear all along, that the project would not deliver as promised in the DFS. My reason for concern was well justified I think, and I am glad I did not take up opportunities to top up along the way given the risks I had highlighted, which have now eventuated. It pays to be cautiously optimistic in investing. Never get emotionally attached to a stock, one must view it objectively, and one must be super critical of the risks by highlighting them more than the benefits.

A very very reluctant hold from me. I will not be adding anymore until I see cash flow so that I can assess the actual returns this project provides, and then assess if under or overvalued.