KLL 0.00% $7.28 kalium lakes limited

Magnesium is on the back burner, might add some value for SH in...

  1. 406 Posts.
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    Magnesium is on the back burner, might add some value for SH in 2023. Gaining further support from NAIF shouldn’t be understated.
    Firstly, to approve the refinance.
    Secondly, tipping in an additional $10m.

    Both should be seen as ticks of approval for KLL if they come to fruition.

    Forecasting out 6 months in production is fantastic to see, however limited. After the 61 pages last week, and another announcement today the timing is still of concern as it projected a change in mentality. Anything but stability was a misstep. Expansion to 120 is tabled for a years time, finance by Q4. I don’t buy waiting a month for these announcements would substantially impact the timeline.

    Congrats to those that have sold for a profit, if it helped you sleep over the weekend.
 
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