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SO4 Salt Lake Potash Limited

2.45
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Salt Lake Potash Limited 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
  0.00 0.00% 2.45 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Salt Lake Potash Share Discussion Threads

Showing 526 to 545 of 875 messages
Chat Pages: Latest  23  22  21  20  19  18  17  16  15  14  13  12  Older
DateSubjectAuthorDiscuss
03/6/2021
10:54
Tony Swiericzuk
@TonySwiericzuk
ยท
May 24
No, plant commissioning is flying along to plan. We start feeding the plant with harvest salts in 7days time, SOP product a couple days later.

fozdad
02/6/2021
21:07
Fozdad, what latest tweet. The last one from Tony is all about Reconciliation Week. The previous one on May 18th talks about premium SOP production imminent. What tweet am I missing.
longtermgains
02/6/2021
08:36
Latest tweet states that production should start this week, so I hope we will see a RNS in the next few days to confirm.
fozdad
24/5/2021
12:52
Income from sales was promised in march...serial misleaders
gutterhead
24/5/2021
10:34
5.71 ... apologies
dartboard1
24/5/2021
10:29
In all seriousness though I'm topping up... I know only losers average losers, but there's a bit of room here for FCF estimates to be wrong (as per all other estimates they made) and for it still to be cheap. Take £42m (aud77m) FCF, add an extra 25% on that... then dilute equity by another 25% for options and you get to 5 times FCF multiple... 20 year mine life, and hopefully learnings for the next lake(s)
dartboard1
24/5/2021
10:19
The debt's for Corporate overheads ... haha
dartboard1
24/5/2021
10:13
How much has SO4 raised in equity since the Board announced with great fanfare that it had secured funding for Lake Way in 2019 ? Its gotta be north of $230m.

Wasn't the capex only estimated at $260m ? Sounds like they shouldn't actually need any debt.

1234gold
24/5/2021
09:22
"The Placement is a key condition to enable the Company to undertake the final US$33 million drawdown under the SFA"

Was Mr Market informed about this before today? Utterly outrageous if not...IMO.

eezymunny
24/5/2021
08:40
How can anyone confidently say this is the last raise? The last one was supposed to have the 'final' raise...oh, and so was the one before that.
1234gold
24/5/2021
08:27
Placing successful and directors also subscribed . On with production and sales now then.
kennyp52
24/5/2021
08:07
I had a clear out of my Aus shares the other day so have a bit of cash, tempted to throw a bit more (good money after bad) at these. But now there is the constant worry that they will raise again and again,..... or is this the last one....
ukgeorge
24/5/2021
07:58
Reading the RNS, seems to me that no contingencies were built into the project financing. So as soon as anything slips, or prices change, or production takes longer to come through.....then the company has to raise more funds.

Its an example of how not to bring a project to completion.

melody9999
24/5/2021
06:08
19p placing price (A$0.35)
adorling
21/5/2021
15:45
yep, this is just a punt
gutterhead
21/5/2021
09:52
Until fully commissioned , producing and selling this is always going to be an issue . JLP is an example of regular placings and it went from 2.3p to 19p now when that financing got it into properly financed production . Anyone thinking this is a solid investment is deluded ... it’s a gamble until everything is in place . Could represent a buying opportunity for the brave .. or should that read daft ?
kennyp52
21/5/2021
09:45
Trust is everything and the Board and CEO have limited skin in the game. I’m out sadly at break even from a position of having 1-bagged 15 months ago.
adorling
21/5/2021
07:55
" It has been agreed with the providers of the US$138m debt facility as described in the Company's announcement of 4 March 2021, that the capital raising will enable the Company to draw down the US$33m balance remaining under the debt facility and provide sufficient working capital to fund the ramp-up in production of the Lake Way Project."

Trust of course is shot. However......

"..US$33m balance remaining.." and "It has been agreed with the providers.."

Says it is the lender forcing this and SLP being weak with their nuts in a vice, but also that this is the end of it...('it' being the 'orphen period', where unwary investors are at high risk of falling for glossy hype, whereas in reality it's so as to periodicly refill the begging bowl)...... and also that cashflow production is soon here now.

At sub 20 I have quaded up just.

GLA.

lenses
21/5/2021
07:40
Sold mining this morning for a nasty loss
ntv
21/5/2021
07:22
They say a mine is a hole in the ground with a liar on top... not sure how that translates for a lake ??
dartboard1
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