Ann: Pause in Trading, page-35

Exciting times to see what comes from the update.

If it is a CR Im not sure why people are unahppy this time.
Yeh you might have to reach into your pockets (potentially again if you are a long termer) but theres a distinct difference in this instance.... its being done for a significant VALUE ADD for the business. Would have to think a CR is pursued to achieve the delivery / upgrade of infrastructure so that the project can realise the increased forecast numbers. Ultimately that is a good thing. This would not be a CR because someone fkd the numbers again or we need more money to keep exploring because we have nothing. This would be because we have a great resource and we want to realise the full potential phase 1 really has to offer.

So often cap raises are ordinary because they are being done in hope of value being found. The update indicates we have already found value and now want it realised and its benefits proivded to the business and shareholders.

Sometimes people sook that they are being diluted. Unless your a big doggy dog the reality is your holding is probably going from 0.00002% to 0.000019%. Again if the value of the business is going up then thats a good thing and you'll be rewarded for that through SP ultimately rising.

All that aside; KLL have plenty of undrawn debt they can access should they need a cash injection. I dont think it will be a CR but not concerned if it is.

KLL is heading up. Enjoy the ride.