Face facts is what you need to do
RWD and AMN put out huge numbers
Inflated to justifie even huger capex
My punt is they can’t justifie these numbers
Hence why they do not have a reserve
you can be critical on the KLL reserve
Or you can look at the facts and what actually converts
KLL have 90 million tons
It doesn’t all convert
RWD started of stating they had 500 Mt
They are now down to 1.5 metres trenches
AMN don’t even put out the numbers
But I suspect the exact same problem
Once they solve this problem they won’t be
So keen on unlined ponds either
That brine will be all so much more precious
RWD already bending towards lined ponds
You talk about AMN being great on PR
Why don’t they address these concerns
Something to think a bout when you are buying bags of kLL SOP from bunnings for your lawn
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Mkt cap ! $60.70M |
Open | High | Low | Value | Volume |
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1 | 30979 | 0.175 |
5 | 69411 | 0.170 |
2 | 106061 | 0.165 |
2 | 18611 | 0.160 |
Price($) | Vol. | No. |
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0.190 | 10525 | 1 |
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