KLL 0.00% $7.28 kalium lakes limited

Ann: Suspension from Official Quotation, page-32

  1. 343 Posts.
    lightbulb Created with Sketch. 23
    The words review and contingencies worry me. These guys have gone blue chip on some of their development and i hope that they haven't over specified aspects of their installation, resulting in large EPCM costs. Hopefully it's only a small supplementary cost to get them over the line and into production.

    I have a feeling they've got a small project team, with little in house expertise in technical matters and cant get things done for cheap. FID may have also come through too early, without really looking at costs and accurately forecasting total project Capex. It's a common problem with small companies.


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