KLL 0.00% $7.28 kalium lakes limited

Thanks for the K+S insights, sabine.Their buying a significant...

  1. 5,424 Posts.
    lightbulb Created with Sketch. 1331
    Thanks for the K+S insights, sabine.

    Their buying a significant position in KLL during the capital raise would depend on a quick sale of the US salt business, which looks unlikely in the middle of this Coronavirus capital freeze.

    I imagine the federal and WA governments would resist a foreign - though not Chinese - player taking a big chunk at a deep discount in the best placed SOP project in Australia. They see this as a brand new industry of global importance, hence the large NAIF loan.

    We will know more 4 May.

    Ash
 
watchlist Created with Sketch. Add KLL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.