Share Name Share Symbol Market Type Share ISIN Share Description
Salt Lake Pot LSE:SO4 London Ordinary Share AU000000SO44 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 27.50p 27.00p 28.00p 27.50p 27.50p 27.50p 0 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Metals 0.0 -5.4 -3.9 - 48.14

Salt Lake Pot Share Discussion Threads

Showing 26 to 50 of 50 messages
Chat Pages: 2  1
DateSubjectAuthorDiscuss
02/1/2018
19:30
From Upandover on LSE Lots of newsflow to come on this one for 2018. Personally I am expecting we shall see the following: Institutional Investor buy in (there are II’s holding here already) before funding of demonstration plant Funding for Demonstration plant (not expecting dilution on this) Contracts and construction of plant 2Q18 Offtake agreements, if not already announced as part of funding for demonstration plant Updates on construction milestones. There are a couple of broker notes worth reading. Based on the demo plant they have targets of 56pps to 63pps, which is a minimum of a bag. But that overlooks a pertinent point. Getting in at this price means more shares for the eventual exit which will be way higher than that one bag, getting in now willl double my profits at the eventual exit price over getting in once it has bagged as I will have double the number of shares. This one is a no brainer, resource is there, easy extraction, world class management (done it before many times, including 100 baggers), guaranteed market, premium product, I could go one and on. But given news will start soon, I am expecting some good things starting here…. Forgot to add the Shorecan valuation (below), worth noting this is just for Lake Wells, they have a total of 9 lake beds to extract SOP from (remember SOP is more valuable than the much more common MOP). Given the scale of the resources it is easy to see why a buy out at 20X current m/cap is my target after the demonstration plant is up and running "Valuation: significant upside potential Our ‘base’-case post-tax FY2018 NPV10% valuation for Salt Lake Potash is £259m (114p/share FD). This valuation considers primary SOP production at Lake Wells only, based on the lake’s current resource estimate. It does not provide the potential for production of co-products/by-products, ‘secondaryR17; SOP production from Muriate of Potash (MOP) conversion, renewal of SOP resources as a result of brine recharge, or production from the other lakes in the GSLP. " From the Shorecap research Note, 17th Nov 17
trollhunter
31/12/2017
13:15
From Upandover on LSE I.Hear, I met Matthew Syme and Jo Battershill, who went through the company presentation, and lots of Q&A. There were only a few investors there as it was in invitation only job at the company brokers. A few take away things are: The company reckon they would be valued at 150pps if the same value metrics currently being applied to SXX, were applied to SO4 A lot of people use the term ‘Potash’ generically, however due to the chemical composition each product is used differently, e.g. SXX had a study done using their product on American potatoes, whereas for SO4, Matthew had just returned from a conference in Southern Spain when I met him, where their target market (part of) grows high value fruit in endless poly tunnels and greenhouses. There is effectively a cartel amongst the suppliers of the product SO4 will produce, 5 main global suppliers. Matthew thought there was little chance they would get to full production, they will be bought out by a connected company to the cartel. The premium product they will harvest is far superior to the MOP which is most prevalent The team, and guy behind this is very impressive, Ian Middlemas runs Apollo Group, which is a stable of mining companies (SO4 is a part of it), so they are mining minerals, including potash obviously, all over the world. Ian has previous for 100 baggers and this looks to have significant multibagger potential. The management team has a significant stake, their interests are aligned They have very good institutional awareness and support, mainly due to the reputation of Ian This is very low risk due to the backing of Ian and Apollo The overhead in harvesting the SOP, now the pond model has been verified, is very very low, so high profit margins. There is more, and you guys will know a lot of this, once I have had a chance to read over my notes, I will update.
trollhunter
11/12/2017
20:59
It appears that lake Way has the potential to double up the size of this mining operation. L.
lenses
24/11/2017
18:52
Beaufort has initiated coverage as well as Shore Cap and Cenkos. Target price 57 pence from Beaufort. I met the Chairman this week in London for a one hour discussion/update. DYOR. This looks very interesting to me and I increased materially over last few months. here is a link to beaufort research note https://goo.gl/L6wDn8
eswr
31/10/2017
12:55
Good update in today's RNS: "During the quarter, the Company achieved a very important milestone of completing successful validation of the final major technical foundations for production of Sulphate of Potash (SOP) from the Goldfields Salt Lake Potash Project (GSLP)."
wwick
28/10/2017
18:16
#SO4 valuation - - - Https://twitter.com/WWICK_HG/status/924336974365851648
wwick
28/10/2017
17:02
#SO4 could bag on pre-feasibility - Https://twitter.com/WWICK_HG/status/924320002987167744
wwick
27/10/2017
13:57
13% up since the 'ponds' RNS. Starting to get noticed. Long may it continue. L.
lenses
23/10/2017
09:26
New presentation on SO4 website & Lombard Odler Asset Management increase holding ....all good
wwick
16/10/2017
07:58
Great opportunity opening up.
aspex
16/10/2017
07:29
Very positive on a major cost risk being removed now. Project plan running, self financing route determined. L.
lenses
03/10/2017
10:33
The company is supposed in talks with offtake partners about potentially funding pilot and main project. If we can get some of the major players in the space to endorse the project it would be a huge boost for the company.
horndean eagle
15/9/2017
08:14
Late 200k buy reported after mkt close yesterday....hmmmm.
pre
14/9/2017
13:58
Intra day reversal...looking forward to the broker note on this following today's rns:-)
pre
14/9/2017
07:37
That's a super result indeed...we should see greater interest here going forward from investors, Lombard increased there stake here recently, so wouldn't surprise me if we see further II investment now after that excellent result, dyor etc
pre
13/9/2017
14:36
Interesting that you can only buy only 3750 on line, anything above that goes to NT...plenty of 25k buys there..i wonder if they're split orders due to online limits? bodes well here and looks cheap compared to its peers like SXX imo.
pre
12/9/2017
13:45
lombard increased its holding by circ. 2.5million, bodes well here imo and volume picking up....way undervalued and should head towards 40p imo based upon charts,dyor etc, nice intra-day reversal
pre
09/9/2017
11:04
HNR - TWO wells successfully drilled with abundant oil and gas in samples extracted! Fracking and FIRST OIL next month! Don't miss this train!
happyholder123
08/9/2017
19:23
Uptrend looks to be established. L.
lenses
01/9/2017
12:22
lombard increased its holding by circ. 2.5million, bodes well here imo and volume picking up....way undervalued and should head towards 40p imo based upon charts,dyor etc
pre
23/8/2017
10:20
Rns - lombard increased its holding by circ. 2.5million, bodes well here imo.
pre
03/8/2017
12:53
Hi HE Has the co not decided to build a pilot plant and take that to initial production of SOP as part of the feasibility process (and also provide some development income) before going into any - dependent on feasibility - contractual arrangements with fert distributors? FMU. This from the 20/4/17 RNS: "Salt Lake Potash Plans SOP Pilot Plant at Goldfields Salt Lakes Project. Ongoing Discussions with Prospective Global Industry Partners. The Directors of Salt Lake Potash Ltd (Salt Lake or the Company) are pleased to advise that Amec Foster Wheeler (AMEC) have been appointed to prepare an analysis of the alternatives for the Company to construct a Pilot Plant at the Goldfields Salt Lakes Project, intended to be the first salt-lake brine Sulphate of Potash (SOP) production operation in Australia. A Pre-Feasibility Study (PFS) on the full-scale production model is continuing and the Pilot Plant will form a part of the feasibility study process. Salt Lake has been in discussions since last year with a range of international industry SOP and specialist fertiliser producers and distributors, including several global market leaders, about the optimal way to realise Salt Lake's outstanding potential in the global SOP market. Based on those discussions, the Company has formed the view that the appropriate path forward is to initially construct a Pilot Plant to demonstrate the technical and commercial viability of brine SOP production from the Goldfields Salt Lakes Project, before expanding the plant to long term optimal production levels on a staged, modular basis...." Edit. Was the financing of this pilot plant also not the reasoning provided by the co, at least in part, for the recent cash raise? The one you partook in? L.
lenses
03/8/2017
09:40
I took part in the placing. Big yawn. They were supposed to be in off take talks but nothing materialised yet it seems.
horndean eagle
03/8/2017
08:35
Extract from there quarterly activities report just released a few days ago: 'The Company completed a placement of 41,000,000 ordinary shares at an issue price of A$0.43 (25 pence) to a range of strategic, institutional and sophisticated investors in Australia and overseas raising a total of A$17.6m (GBP10.25m) before costs...' So having reviewed the impressive update, the market has yet to recognise this company imo, dyor etc..see there's buyers this morning already
pre
03/8/2017
08:06
Pre - Who is the strategic investor?
horndean eagle
Chat Pages: 2  1
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:33 V: D:20180123 10:15:52