KLL 0.00% 2.5¢ kalium lakes limited

Fully funded to production and then will look to further funds...

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    Fully funded to production and then will look to further funds for Stage 2 (increased production)
    From the last quarterly:

    Cash Holdings

    The Company had A$48.8 million cash on hand as at 31 December 2020.
    The Company also has $46.5 million remaining in undrawn financing facilities (from a total financing of $179.2 million).

    Business Development

    Work in relation to increased SOP production from the BSOPP has re-commenced, to assess:
    • Increased production potential through optimisation and de-bottlenecking activities from the infrastructure and facilities being currently constructed to produce 90ktpa of SOP (Phase 1).
    • Timing, capital requirements, funding sources and off-take opportunities for doubling of Phase 1 production to 180ktpa of SOP (Phase 2).

 
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