KLL 0.00% $7.28 kalium lakes limited

Ann: Quarterly Activities and Cash Flow Reports - 31 Dec 2022, page-79

  1. tcf
    6,858 Posts.
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    A reread of the last quarterly makes me think the company is conservatively under reporting its current successes in plant performance. If so, and if their objective is reaching 60kpa production equivalent by June, one would expect the plant to be punching out some significant tonnage today.

    These guys only report as regulated so it’s reasonable to expect the next quarterly to have some very good news for shareholders.

    As mentioned by a few here before, it would be nice if leopards changed their spots and provided more regular reporting of progress.

    At the moment shareholders have the past company driven opinion that’s its Sydney or the bush for this project. It’s time they clarified that, if it’s not the case, and provide regular monthly updates.

    My reread says to me the company has a very positive outlook for the project but is too shy to overstate it.

    GLAH
 
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