Hi theoc, that is what someone wise suggested to me the other...

Hi theoc, that is what someone wise suggested to me the other day too!

At least the comment was that he might be involved in helping them refinance and have stipulated the directorship was part of the deal ?

His family trust has been a major holder since June 30, 2017 according to the 2017 annual report p, so it seems he does know the company very well and believes in it too.... or believed in it.

As far as problems with the plastic sheeting go I imagine if there were issues there (on top of anything else?) it would fall back on the contractor and/or insurance?...... And that putting in new liners alone - if this was necessary- would not bring the company to a trading standstill for more than two months whilst ‘an independent financial review’ is carried out.


Looking at the PFS released in October 2017 it seems that the pumping system was the only stage which was comparatively unproven?
I would appreciate others’ views on this.

Whatever it is that has gone wrong, I hope they will have fixed it by May 4.

cheers
https://www.kaliumlakes.com.au/site/wp-content/uploads/austocks/kll/2017_10_05_KLL_1507191900.pdf