As of June 30th KLL had 2.5m of undrawn credit (excluding the recently expired $20m). So I understand the timing from that perspective.
However, I don’t see how the fundamentals could have improved prior to the 22/23 summer harvest. Funding will need to finance the lights staying on until the 23/24 summer harvest, and the remaining upgrades.
Good luck all, let’s see how the announcement reads.
As of June 30th KLL had 2.5m of undrawn credit (excluding the...
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