Excerpts From Today's Broker CallThursday, 4 March 2021KLL -...

Excerpts From Today's Broker Call

Thursday, 4 March 2021

KLL - KALIUM LAKES LIMITED

Macquarie rates KLL as Outperform (1) - After a recent site visit to the Beyondie sulphate of potash (SOP) development project, Macquarie came away impressed with progress. The project is considered to remain on budget and on schedule for first SOP production in mid-first quarter FY22.

No changes to forecasts.Target $0.40. Rating Outperform.

Target price is $0.40 Current Price is $0.20 Difference: $0.2 If KLL meets the Macquarie target it will return approximately 100% (excluding dividends, fees and charges). The company's fiscal year ends in June.

Forecast for FY21:

Macquarie forecasts a full year FY21 dividend of 0.00 cents and EPS of minus 1.30 cents . At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is minus 15.38.

Forecast for FY22:

Macquarie forecasts a full year FY22 dividend of 0.00 cents and EPS of minus 0.10 cents . At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is minus 200.00.

Market Sentiment: 1.0All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources