Ann: Operational and Corporate Activities Update, page-4

For all the doom sayers........

Kalium Lakes’ Chief Executive Officer, Len Jubber, said: “The review conducted over the past threemonths has confirmed the inherent quality of the Beyondie SOP Project. This quality spans across the in-situbrine JORC resource and ore reserve, the fully lined ponds and the world leading purification planttechnology.
“We are implementing plans to overcome the difficulties we have encountered to date and expect to re-startthe processing plant in the next quarter as soon as sufficient 'start-up grade' of KTMS has been accumulated.We are confident that the revised commissioning plan will be successful.
“The Beyondie SOP Project is fully constructed incorporating industry leading technology, has a definedpathway to 120Ktpa SOP production and the potential to be further expanded in a very favourable potashmarket outlook. In addition, we are well supported by the debt financing provided by NAIF and KfW, thebankability and surety provided by the offtake agreement with K+S, and the technical support arrangementand performance guarantee provided by EBTEC, all of which place Kalium Lakes in an industry leadingposition.
“Our key immediate focus is to maintain ongoing safe operations during the anticipated dramatic escalation inCovid-19 cases in WA, complete the preparation for the resumption of commissioning and subsequent rampup activities, and then move into production to benefit from the strong SOP market.”

GLTAH