KLL 0.00% 2.5¢ kalium lakes limited

It only seems to be Macquarie and Morgans who have been covering...

  1. 213 Posts.
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    It only seems to be Macquarie and Morgans who have been covering this stock. The last Morgans' report I could find was from October last year.

    "Morgans believes Kalium Lakes is back on track and momentum is building. The broker reports management remains comfortable that all activities are in hand and there have been no surprises outside of what would be expected for any remote construction project. The Beyondie Project is 63% completed as at 30 September, with approximately -$160m spent. The purification plant construction has commenced, and all mechanical deliveries are expected before year end, ahead of schedule. Achieving nameplate production would be the second trigger to likely remove the risk weighting altogether, highlights the analyst.

    Morgans placed a speculative BUY in October with a T/P of 23c


 
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