KLL 0.00% $7.28 kalium lakes limited

It's not a valid question. About a year or so ago the ASX...

  1. 166 Posts.
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    It's not a valid question. About a year or so ago the ASX changed quarterlies for some companies and added this new "quarters of funding remaining" section. It's literally just dividing recent cash outflows by available funding, it's not the company making an estimate and giving a timeline, it's just juggling numbers with zero context. It assumes that spending is constant, which is very obviously not the case. They aren't going to be spending $42m a quarter forever, they spent a lot this quarter because they've been buying up all the equipment. That spending will drop once all the equipment is on site and they're just constructing it and commissioning it, and obviously these development costs will drop to zero in two quarters once the plant is finished (hopefully). They have plenty of money.
 
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