KLL kalium lakes limited

https://company-announcements.copyright link/asx/kll/20239559-5897-11ed-...

  1. 1,849 Posts.
    lightbulb Created with Sketch. 165
    https://company-announcements.copyright link/asx/kll/20239559-5897-11ed-8f91-3a81468a9df3.pdfAs at 28 October 2022, Kalium Lakes had approximately A$27.4 million cash and A$185.9 million of drawnsenior debt facilities with NAIF and KfW. Undrawn debt capacity is A$2.4 million under Facility A, providedby KfW, which is set aside for final commissioning payments, and A$20 million under the Liquidity Facilityprovided by KfW and NAIF.Guess the runaway cash was too much for the lenders to take on.

    I wonder if KLL approached the Government for any CRISO grants...they collaborate now with companies if they can se gains in a future product that will enhance GDP of the wealth of a nation.

    I actually gave the CRISO an email about production issues with SOP,

    Patent that has expired
    https://patents.google.com/patent/US4554139A/en



    Response from CSIRO re: Potassium Sulphate production operational first one in Australia CRM:0567794

    Hi Michael   Thank you for contacting CSIRO.We appreciate you taking the time to contact CSIRO to share your feedback with us. It is very encouraging to have response from the community and people coming up with creative options and support.Thanks again for sharing your thoughts.RegardsCSIRO Enquiries T

    Last edited by Beniee: 24/11/23
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.