KLL kalium lakes limited

I agree Comms need to be better. But let’s not make a bad...

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    I agree Comms need to be better. But let’s not make a bad situation worse by distorting the truth…

    As to the lack of sales to farmers, they had already said in the last quarterly all sales were exports. They have a long term contract with K&S and direct sales to local farmers has never been part of their plans.

    As far as raising cash, they also said in the last quarterly they had $10m at the end of Jan, were expecting to access a $10m liquidity facility, with a further $10m available after the June qtr. They also got relief on $16m of interest this year, so it suggests they won’t run out of money for several months.

    That said, if things aren’t working properly by mid-year then it’s not going to look pretty.


 
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