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Ann: KALiNA Scales Up Alberta Activities, page-30

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43 Posts.

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29/01/21

19:46

Post #: 50557845
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Originally posted by djwally: ↑

I think we will get plenty of update information from here on. My basis for this is because of strong shareholder feedback to management that it is really required, because they have brought on an IR firm to promote the company and because the announcement itself said so.

My read on it is this. If I was able to negotiate an "ok" tolling agreement off the back of 60MW but i had the leverage to negotiate far better terms on a tolling agreement with 120MW because that was what the client wanted, AND i had another site that could host the additional 60MW very close to secure, I would most definitely adjust my offering to meet the clients needs. Even if it meant a 4 month delay. Especially knowing that i had cash at bank and a loan facility for another $8M.

I think whilst we may be initially disappointed that March moves to July, this overall is actually a positive announcement.

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the trouble is Wally, they have taken 3 years to work out that it might be better to take 120 vs 60 MV. To work this out so late in the project is truely astounding. It says so much about why this team has never delivered anything on time or to budget.

KPO Price at posting: 4.0¢ Sentiment: Hold Disclosure: Held
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