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% 23.25p 23.00p 23.50p 23.50p 23.125p 23.50p 57,496 12:10:02
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Metals 0.0 -2.6 -2.3 - 40.69

Salt Lake Pot Share Discussion Threads

Showing 1 to 19 of 25 messages
Chat Pages: 1
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.
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
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 - Who is the strategic investor?
horndean eagle
Sulphate of Potash is currently selling at $688/t The maths tell a story. L.
This looks like a little gem folks...strategic investor on board:-)
Interesting article on share talk about Salt Lake Potash not in myself but looking to buy SXX potential production 2H 2018 with scop study results mid year so within next 6 weeks
I tipped a toe here as well, on Friday at 27p.
Have dipped a toe here. Usual AIM story, if they deliver then the potential upside and future dividends could be huge. IF. Another one to tuck away in a drawer and review in a while. I wont be checking up here every day. GLA TFC
the fat controller
capex estimate of £35m suggests that there will be more placings in the near future to which the private investor will not be allowed to participate.
Placing yesterday that looks to have been well received with the share price recovering above the PP. Compass Minerals(USA)is selling SOP at $725/t ($657 per ton, Q4 '16 earnings disclosure). The potential looks significant here. PDYOR. L.
Salt Lake Potash (SO4.L, 29.50p) - Speculative Buy Salt Lake Potash visited our London office yesterday. Management discussed its plan to build a small-scale process plant in 4Q17 which should mean production in 2H18. It's being called a pilot plant but it could produce up to 40ktpa of high quality Sulphate of Potash (SOP) and be profitable. Based on a capex estimate of $35m and an our estimate production cost of US$300/t, a 40kt operation could produce US$10m of operating cashflow. Management also described the bigger picture and touched on the interest in SO4's projects being shown by global SOP players. This was also mentioned in yesterday's RNS. Our view: This pilot plant development should provide catalysts for the stock over the next 12 - 18 months. However the investment case is overwhelmingly dominated by the potential for a large scale and very long life SOP operation. SO4 has a very large footprint in Western Australia with 9 potash containing salt lakes and 4750km2 of licences. It has the potential to be a major low cost SOP producer in an excellent jurisdiction with rail and power infrastructure. Also, unlike standard potash commodities, SOP's price has been strong with a very positive outlook due to its low salt content (SOP is 2.5x the price of benchmark KCL potash products such as Muriate of Potash, MOP). With a market cap of less than £40m we regard SO4 as the next Sirius, certainly in terms of upside potential. In fact unlike Sirius, SO4 has a far lower capex requirement, an established high value end product, and none of Sirius' massive underground engineering challenges. Maybe the trade should be buy SO4 and sell Sirius? We will update you in due course.
cpap man
Nice website
Hi. Anyone follow this? Interesting scoping study out on this today showing potential for 400kt/y (stage 2) of SOP production at Opex to port of ~US$180/t. It would look like a 2-3 year build, with Capex to St2 ~US$210m. With SOP around US$700/t and that vol, EBITDA could be around US$200m/y. Mcap of this today is ~US$50m. Worth a look maybe. I hold. L.
Trading will stop next Monday. Cash raising.
Can I make the second? You're right gerhart.
New thread started for SALT LAKE POTASH LIMITED formerly Wildhorse Energy Limited. Website -
Salt Lake Potash Limited is a dual listed ASX and AIM mineral exploration company with a current focus on creating value from the Company's existing resource assets in Australia and the United States of America. As well as pursuing new opportunities in the resource sector to complement the Company's existing projects. Potash - Lake Wells Project, Western Australia Lake Wells is located approximately 80 km north of the Great Central Road and 180 km NE of Laverton in the West Australian Goldfields. ASLP holds three exploration licences and three applications over the Lake Wells playa, covering a total area of 1,126 km2. There are no known Native Title claims in relation to the permits. Lake Wells basin is Australia’s tenth largest salt lake basin covering an area of about 19,000 km2. The ratio of the basin size to playa lake area is over 30 times, underpinning the high potential for elevated recharge. Wildhorse also holds exploration licences or applications covering all or parts of Lake Irwin and Lake Minigwal and Lake Ballard in Western Australia, Lake Lewis in the Northern Territory and Lake Macfarlane and Island Lagoon in South Australia. The Company is compiling and assessing available data on these properties to allow an initial assessment of their prospectively for large scale Sulphate of Potash production from brines. Salt Lake Potash has an extensive portfolio of nine salt lakes in the Northern Goldfields of Western Australia (totaling over 4,750km2 - granted and application exploration licenses) with the objective to become a globally significant Sulphate of Potash (SOP) crop nutrient source. hTTp:// Golden Eagle Uranium The Golden Eagle Uranium and Vanadium Project holds nine U.S. Department of Energy (DOE) Uranium/Vanadium Mining Leases, covering 22.7 km2 located in the Uravan Mineral Belt, Colorado USA. Wildhorse also possesses an option on Gold Eagle Mining Inc (GEMI) leases; GEMI has three DOE properties of which two have active operating permits. The Company has commenced a technical review of existing exploration information and is now focusing on establishing the project’s scale and potential for exploration upside. Images and Videos from the Latest Pump Testing at Lake Wells: hTTp:// ANNOUNCEMENTS: hTTp:// last update 29/04/2017
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