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0.00% $7.28 kalium lakes limited

I find the current burn rate of cash concerning. Between the two...

  1. FevroDollar
    73 Posts.
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    05/07/22
    19:13
    Post #: 62386318
    I find the current burn rate of cash concerning. Between the two most recent announcements, their cash balance has reduced from 27.5m to 21.5m. A full $6 million reduction in one month.

    This thing is a money pit and there is no guarantee that they will not require additional funding after the upcoming cap raise to meet both 90ktpa and 120ktpa.
    KLL Price at posting: 7.0¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch. 1  Great analysis
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