Australia's largest stock trading and investment forum Australia's #1 stock forum

KLL

Click for more information

0.00%

$7.28 kalium lakes limited

Ann: Extended Reporting and Lodgement - Annual Financial Accounts, page-24

First 24 Last

Share
Profile

Follow
Kimu

3,078 Posts.

159

01/10/21

07:28

Post #: 56485675
Share

Originally posted by RefreshNow: ↑

On page 27 of this announcement they advise that in August they advised of
'First SOP production and ramp-up remains targeted for October 2021.'

That's interesting they say that.

On their announcement on 26/08 there was no month mentioned.

On their announcement on 23/08 on page 9 it says 'First SOP targeted for September ‘21 with commercial production to commence in October ‘21 and nameplate achieved by March ‘22'

On their announcement on 16/08 on page 1 it says 'First SOP production and ramp-up remains targeted for September/October 2021.'

On their announcement on 04/08 on page 1 it says ' First production of SOP is still targeting late September 2021'

It's easy to get confused in their announcements and it would be pretty reasonable from the announcements that were in August to assume that something was going to be happening in September. It's highly likely to be a red day today for KLL.

Expand

Very confusing , they would have been better off

being more conservative with their forecast to leave room
for error and to avoid disappointing or confusing the shareholders.
Not that most ASX companies care for the shareholders but this is not such a complicated strategy.

KLL Price at posting: 21.0¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

NHF

Burgeoning NZ insurance claims drive 1H25 operating loss for nib

ACW

Actinogen receives $9M R&D tax rebate to fund Alzheimer's trial

Trump is President Again: What Does This Mean for Crypto?

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

There are more pages in this discussion • 5 more messages in this thread...

First 24 Last

Add KLL (ASX) to my watchlist