Australia's largest stock trading and investment forum Australia's #1 stock forum

KLL

0.00%

$7.28 kalium lakes limited

Hoppefully someone from KLL is in this read and reading up on...

First 134 Last

Share
Profile

Follow
Bouncingfiddle

725 Posts.

41

18/10/21

19:20

Post #: 56887816
Share

Originally posted by RefreshNow: ↑

There is a critical shortage of drivers in Western Australia there isn't much doubt about that as the following news articles show.

https://premium.goauto.com.au/wa-addresses-shortage-of-truck-drivers/
https://www.copyright link/companies/mining/trucking-demand-about-to-soar-as-driver-shortage-bites-miners-bis-ceo-20210416-p57jxh
https://www.fullyloaded.com.au/industry-news/2104/transport-skills-shortage-hitting-wa-economy-says-wrf https://asia.nikkei.com/Business/Markets/Commodities/Australian-mining-industry-digs-deep-for-labor-shortage-answers

A quote from one of the article shows some companies haven't been able to deliver all of the product that they had available.
'* The nation’s largest grain exporter, WA based CBH, has missed multiple international orders due to supply chain issues caused by a shortage of train and truck driversOne of the largest WA mining companies, Mineral Resources Ltd (MRL) noting it had only shipped 8.5 million tonnes of the 10.1 million tonnes it had produced due to road haulage constraints.'

The government has recognised this as it should due to the importance of trucking to the WA economy and is attempting to train extra drivers. These shortages are rarely fixed quickly.

Whilst KLL may end up being OK and somehow be totally unaffected by the critical driver shortage there is some risk that they will be impacted. Whilst the driver shortage has not been caused by KLL it doesn't mean it can't cause a problem and we shouldn't be at all surprised if at some stage there is a comment about reduced volumes and transport shortages.

Expand

Hoppefully someone from KLL is in this read and reading up on suggestions on how to haul the product.

KLL Price at posting: 18.0¢ Sentiment: Hold Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

88E

HotCopper users smell capital raising as 88 Energy says "significant update" at Phoenix

ASX Market Open: Australian bourse to fall as subdued Wall Street awaits rate cut decision | September 18, 2024

PAR

FDA hands Paradigm Biopharma guidance to re-jig phase 3 osteo trial – or is it a delay?

CXU

Cauldron discovers shallow uranium up to 2km at WA's Yanrey

HVN

Harvey Norman clocks subdued gains as Echo Law's junk warranty class action kicks off

There are more pages in this discussion • 2 more messages in this thread...

First 134 Last

Add KLL (ASX) to my watchlist

(20min delay)
Last $7.28		Change 0.000(0.00%)		Mkt cap ! $2.499M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Hoppefully someone from KLL is in this read and reading up on...

HotCopper users smell capital raising as 88 Energy says "significant update" at Phoenix

ASX Market Open: Australian bourse to fall as subdued Wall Street awaits rate cut decision | September 18, 2024

FDA hands Paradigm Biopharma guidance to re-jig phase 3 osteo trial – or is it a delay?

Cauldron discovers shallow uranium up to 2km at WA's Yanrey

Harvey Norman clocks subdued gains as Echo Law's junk warranty class action kicks off

Featured News

Featured News

Hoppefully someone from KLL is in this read and reading up on...

Top Stories

HotCopper users smell capital raising as 88 Energy says "significant update" at Phoenix

ASX Market Open: Australian bourse to fall as subdued Wall Street awaits rate cut decision | September 18, 2024

FDA hands Paradigm Biopharma guidance to re-jig phase 3 osteo trial – or is it a delay?

Cauldron discovers shallow uranium up to 2km at WA's Yanrey

Harvey Norman clocks subdued gains as Echo Law's junk warranty class action kicks off

Featured News

Featured News