KLL 0.00% 2.5¢ kalium lakes limited

Approximately 108,000 tonnes of contained SOP pumped as at end...

  1. 390 Posts.
    lightbulb Created with Sketch. 45
    Approximately 108,000 tonnes of contained SOP pumped as at end June 2021108,000 x $500 = $54,000,000

    Confirmed reserve = 1,650,000
    Probable reserve = 3,490,000
    Total probable = 5,130,000
    Total confirmed worth = 1,650,000 x $500/t = $825m
    Total probable worth = 5,130,000 x $500/t = $2.565b

    This is my current evaluation, if you would like to add or correct please do.

    I have used $500/t as a good estimated price on potash even though it is saying it's currently being traded at $600/t.
    Last edited by Okinvest: 13/08/21
 
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