Salt Lake Potash Share Discussion Threads

[activmojo] 26/2/2021 13:04

Its on the IG margin call list which traders must settle today

[easylikesundaymorning] 26/2/2021 11:54

Have I missed any news from SO4 that would explain the dropping share price???

[ukgeorge] 17/2/2021 09:45

The chart is starting to look good to me, hopefully breakout soon from the consolidation wedge

[ukgeorge] 15/2/2021 17:15

Almost back in the black here :) just 3% more needed roll on 50p

[dartboard1] 12/2/2021 19:59

Friday night reading material... not SO4 but interesting:https://seekingalpha.com/article/4405273-danakali-why-this-little-known-potash-developer-is-buy

[dartboard1] 12/2/2021 19:58

Prices rising ... great timing for Tony

[bikwik] 08/2/2021 09:13

I know this came out a week or two ago but very relevant. https://www.mining-journal.com/agminerals/news/1403424/potash-back-in-play-as-food-prices-rise

[kennyp52] 03/2/2021 18:42

Thanks Dartboard . Interesting reading .another stride towards cracking on with the implementation of production . 🙏

[dartboard1] 02/2/2021 21:02

Environmental approval recommended:https://www.epa.wa.gov.au/sites/default/files/EPA_Report/EPA%20Report%201699%20-%20Lake%20Way%20Sulphate%20of%20Potash%20Project.pdfStill two weeks for appeals, but should be good now...

[kennyp52] 29/1/2021 17:06

The update puts everything on schedule and ramping up the expectation of sales in the near future . Very good .

[dartboard1] 29/1/2021 07:39

Nice update.. all coming together. Good to see them now talking about transport and logistics, bulk sales vs bagging rather than funding.Volume on ASX is picking up in the last week too as production gets closer.

[ntv] 27/1/2021 13:46

29p in aus

[kennyp52] 27/1/2021 09:29

Just need production news now IMHO to provide the impetus

[statto2k] 27/1/2021 08:52

From reading further into it I think it was because it's not approved by the FCA so the other option I believe was to 'send them a cheque'. No idea how I would cash that in when I want to sell

[bikwik] 27/1/2021 08:16

Because impulsive wave 3 is underway.

[dartboard1] 27/1/2021 07:17

Up 13% on asx today... no news

[meanreverter] 22/1/2021 17:42

Statto2k: Yes. The assistant at IG first told me dunno, I'll find out for you; then he said yes, and took my order (at 22.6p); Then I got an email saying no can do.

[statto2k] 22/1/2021 13:56

Have any investors from before Dec 10th had an issue in investing in the fundraiser?

[bobbybullet] 22/1/2021 13:31

I'm in for the long haul. 5 year strategy of 3 lakes, hopefully, self funded from profit of first. Or at least other funding options, bank loans, should be available when in production. Targeting valuation of roughly 900m by 2024. So potentially a x5 over that period, however probably more realistic x3 with some funding dilution on the journey.

[dartboard1] 22/1/2021 13:07

Me, I'm undecided

[dartboard1] 22/1/2021 13:06

Is this making a move? Not long to go until production..Just get the feeling Taurus got a better deal on this one than me, but hey.. Are people holding this for the roll out of lake 2 and onwards, or are you hoping for a bounce on year 1 production and then sell out and move on??

[bikwik] 20/1/2021 20:24

Above is a chart of Griffin Mining and Salt Lake. The price scale is for Salt Lake. Griffin also saw a ZIG-ZAG correction.....wave C bottoming last July as you can see. See how far Griffin has risen. Mind you it fell a lot further than Salt Lake. That's possibly why it didn't take that long to double from the March low. Zig Zag corrections are quite common, you just have to spot them! They usually appear as corrective big wave 2 of 5 waves. So Salt Lake should go higher than 42p or 50p as you ask. Salt lake has been a bit slow to get its act together unlike Griffins initial doubling in 25 days! Still its looking ok and doubling to 42p or even 50p should be well possible by June. We'll see. GLA

[bikwik] 20/1/2021 20:13

free stock charts from uk.advfn.com

[1234gold] 20/1/2021 18:47

50p by end of June ?