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03/06/23
19:34
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Originally posted by tcf:
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KLL has spent over $350 million and has churned through several Chairpersons, CEO’s and managers to get to now. It’s interesting that access to cash was relinquished on 1 June and a TH announcement arrives the day after. That’s a coincidental worry to all shareholders. The Germans have installed several of these plants around the world and made them work. Reputation wise the Germans have to make KLL work. If it turns out a dud there will be so many losers. It can’t be a dud for so many reasons. Finally, if it was a dud who would buy it or take it over? Fanciful thinking. So it’s make it work or scrap it. what additional cost to scrap it and complete environmental rehab??!!!!!! im backing it is starting to work and will work for a long time.
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“The Germans have installed several of these plants around the world and made them work. Reputation wise the Germans have to make KLL work.” Have they actually installed a plant that coverts kainite and floats schoenite? Without doubt they have expertise in potash processing but this covers a wide range of scenario’s. Lots of experience in (solution) mining potassium chloride as this is the nature of potash mining in Europe.