KLL 0.00% $7.28 kalium lakes limited

Ann: Half Yearly Report and Accounts, page-15

  1. 3 Posts.
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    Oh dear...this is truly a train wreck. This was touted as a 60c stock. In my opinion, it is overpriced at 2.8c. I think this is going all the way to nothing. Look at the negative operating cash flow and the liabilities. That $180m of non-current borrowings is never, ever, ever going to be repaid. These financial accounts are what a failed mining enterprise looks like.
 
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