The Beyondie footprint, covering Stage 1 and Stage 2, provides the resources and reserves for a 50 year mine life at the production target of 120ktpa, plus significant potential for expansion upside.
On August 4, 2023, McGrathNicol Restructuring announced that Rob Brauer, Jason Preston and Rob Kirman were appointed Receivers and Managers of Kalium Lakes on the evening of 3 August 2023 (Receivers). The Receivers have assumed control of Kalium Lakes’ operations which will continue on a business as usual basis.
On November 16, 2023, the Receivers announced that they entered into an exclusivity period with Reward Minerals Limited for the purpose of agreeing a Share Sale Agreement (SSA) for the sale of KLL’s subsidiaries. These entities comprise all of the Beyondie Project assets, operations and employees of the Kalium Lakes group.
Completion of a transaction is anticipated in December 2023 / January 2024. |