AKE 0.00% $9.83 allkem limited

Ann: Trading Halt, page-54

  1. 1,684 Posts.
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    I would love to have the time (or the inclination) to scour through all the reports and track all the dollars...but for the moment my brain is still saying WTF. 30M Nov 65M in Feb ..OK so seriously you need 95m to run an operation that has an operational cost base of 17,500 x 2000 so circa 35m? so ...and that's assuming you are planning to stockpile 17500 tonnes of the stuff in a shed with 30 customers only getting it and paying for it at the end...what????
    .That said I agree...Lets give the company an extra 15 m at above market prices....WTF for? You haven't properly justified existing cash reserves or the 50M ...common....for a company so good at monthly explanations they need to give a better one that this. And I am tired of hearing fantastic company, hugely undervalued....yeah? So where is the support then? Groan.
 
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