KLL Performance Rights - Major Red Flag, page-10

You are correct I don’t know much about mining
But your 101 makes me feel as though I am an
Expert
As you state
Volume
Higher grade = pump less volume ( cheaper )
Less ponds = cheaper

Input price = higher grade handle less material
Treat less to get more

Geographical location
KLL sits in prime spot geographically

Demand ...... love it
Can the world obsorbe 400 thousand ton ?
Aust market 80 maybe 100 demand is everyone’s problem and irrelevant to grade
Just that some need to talk massive tonnage to cover capex

Distance to market
KLL is the closest to Port with the least amount of dirt or required road building requirement
Less capex less Ipec

Impurities
KLL has the least impurities
Less impurities = better extraction
Higher price less to handle
Cheaper opex and capex better selling price
Less waistebno cost to get rid of

Surrounding rock type
KLL PFS says the granites delivered the potassium
So I think this is covered

As far as hippies go they are everywhere and no one is immune
kLL has a native title mining deal

Thanks for the input
But I will stand by grade is KING