KLL kalium lakes limited

Hi,Their cash burn is such that if the banks dont stump up with...

  1. 7,793 Posts.
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    Hi,
    Their cash burn is such that if the banks dont stump up with the extra cash , this dies at the end of Feb.
    Unfortunately , if the banks do pull the plug , you are unlikely to get the time to trade .

    I dont think they are in a much worse position than they were a few months ago . Technically they seem to have increased the percentage recovery .
    But still way off what would be commercially viable? And are the changes scalable?

    Is it worth holding on?
    I would have thought so .
    Even if its chances of survival are south of 50/50 , the rewards are likely to be greater than that .
    But I wouldn't be surprised if it hit either 2 or 6c tomorrow. Hopefully above 4c.

    Hopefully Farmer it will be the ticks on the 1st line , rather than the one below.

    ✓, ✔

    https://hotcopper.com.au/data/attachments/5014/5014074-1de063504fc38c45b78980dfe0f18bc5.jpg



 
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