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2.5¢ kalium lakes limited

We are about to start production, what do you mean now is not...

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aruc6393

2,516 Posts.

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20/04/21

18:03

Post #: 52600552
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Originally posted by sevo: ↑

Demand is a significant part of the problem. If demand was stronger SOP prices would be higher.
What is required is increased Ag commodity prices driving increased input prices.
A fall in currency would also help.
Part of the problem with KLL is the wait for confirmation that the process works but a larger part, imo, is the wider SOP market.
When RWD was running hot back in the day it had a MC around 2/3 of the current KLL MC on the back of SOP prices at US$1000/T and minimal exploration.
These WA SOP stocks will have their day in sun but now is not the time.

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We are about to start production, what do you mean now is not the time? Now is as good a time as ever Sevo. Offtakes locked and loaded. Further offtakes could drop also as production ramps up.

KLL is highly profitable at current SOP prices, and demand for SOP is expected to rise at a CAGR of 6%, driven primarily by farmer's increased usage of SOP as a premium fertiliser vs the sub-par MOP.

KLL Price at posting: 21.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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