KLL 0.00% $7.28 kalium lakes limited

Valuation, page-102

  1. 312 Posts.
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    The performance guarantee would be unlikely to say that nothing can ever go wrong. It might be more so that any issue with the plant that the consultants are responsible for will be resolved within a given period. It's like buying a car or a TV where we would all like to think that won't be any problems but in reality they sometimes occur and they get fixed. KLL are smart enough to call the first 6 months a ramping up period as there could be issues during this time that no one has thought about yet.

    The share price continues to slide downwards and until production is proven it is likely to go a bit lower. I'd suggest it is much more likely to go below 20 cents than to go above 30 cents in the near term. An opportunity to pick up a bargain for the true believers. The slide will impact confidence in holders, it always does no matter which company it is happening to.
 
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