Salt Lake Potash Share Discussion Threads

[ukgeorge] 27/7/2021 07:44

Oh well it goes from worse to terrible

"The halt was requested by the Company pending an announcement regarding a substantial downgrade in production estimates for the year ending 30 June 2022 and a possible future fundraising."

[fozdad] 27/7/2021 07:42

I’m afraid he has no credibility left

[ukgeorge] 27/7/2021 07:42

Surely you just announce a good project update......

It stinks.

[dartboard1] 27/7/2021 07:42

Cheers, missed it...

[amch] 27/7/2021 07:41

Read the second RNS dartboard.

[dartboard1] 27/7/2021 07:37

Don't think it's a raise. The last trading halt for one mentioned it in the notice. This one talks about a project update. So either a good or bad progress report.Then again, who knows with these guys .. they have form

[gutterhead] 27/7/2021 07:36

total incompetence and dishonesty

[adorling] 27/7/2021 07:12

Not another raise and dilution surely?…

[dartboard1] 27/7/2021 05:57

Or potentially that the plant doesn't work ...

[dartboard1] 27/7/2021 05:48

So4 on a trading halt today on asx. Announcement says - pending the finalisation and release of an announcement in relation to a material update on its Lake Way project. Sounds like the news we've been waiting for ... and waiting ... and waiting Happy to wait if it's good

[lukehold] 23/7/2021 13:59

Bounce is on. Oversold

[lukehold] 22/7/2021 16:45

According to the RF Federal Customs Service's statistics, in January-May 2021 Russia exported 5.4 mn tons of nitric fertilizers, up 3.1% year-on-year. In terms of value, nitric fertilizers export grew by 31.7% up to $1.2 bn.Potash fertilizers export during January-May 2021 surged 69.7% up to 5.1 mn tons. In terms of value, it increased 67.4% up to more than $1 bn.Mixed fertilizers export amounted to 4.6 mn tons, up 6.7% year-on-year. In terms of value, mixed fertilizers export grew by 48.1% up to over $1.5 bn.In May, nitric fertilizers export made 880.9 thousand tons, down 35.1% year-on-year and down 26.7% month-on-month. In terms of value, it grew by 4.1% year-on-year, but declined by 19.6% month-on-month to make $244.4 mn.Potash fertilizers export increased by 29% year-on-year and by 32.8% month-on-month making 1.2 mn tons worth $259.9 mn (up 41.9% year-on-year

[1234gold] 21/7/2021 08:25

Don't hold your breath on this one. The plan to fast-track production has failed. I'm guessing they now have a hungry mill that can't be fed with the lower level of salts being harvested than expected...this will subsequently place the balance sheet and cashflow under more pressure. They are not out of the woods yet...one of my worst investments. Ever.

[lukehold] 21/7/2021 07:32

In international market, MOP spot price surged up in South Africa. After the uptick for a long time, price in other regions generally kept flat. However, supply remained tight and demand for granular potash was strong. Even though short-term demand might be reduced by the seasonal calmness and high price, international MOP market would maintain firm-to-up scenario later.The EU's sanctions on Belarus would not have significant impacts on export supply. However, it would aggravate recent shortage of international potash supply and would have certain impacts on the timeliness of big contract supply in the short term.On the whole, potash market is expected to keep firm on the back of tight supply in the short term. If the import volume sees further decline, potash price is still likely to move up retroactively later.

[el-tel] 20/7/2021 08:34

I am starting to become concerned at the lack of updates regarding production . Surely the company could provide some kind of update to reassure investors ?

[adorling] 15/7/2021 06:13

Good to see this appointment at lastSalt Lake Potash Limited (SO4 or the Company) is pleased to announce the appointment of Stuart Fraser as Chief Financial Officer (CFO).Mr Fraser is an experienced energy services finance executive having spent the past 25 years living abroad in the USA, France, Switzerland, and Indonesia in senior finance roles, including 19 years in Schlumberger, the leading provider of technology and services to the energy industry.Most recently, Mr Fraser was Chief Accounting Officer of Weatherford International, a leading wellbore and production energy solutions company with 17,000 employees and revenues of US$3.7bn. He also served as a Non-Executive Officer of Weatherford and on the Board of the Weatherford Foundation.Mr Fraser will assume all responsibilities from Acting CFO Grant Coyle, who has accepted a role as Managing Director of a resources company.

[meanreverter] 06/7/2021 14:07

Article about Australian SOP projects:

[gutterhead] 06/7/2021 11:50

if they said it was raining......you'd go outside to check

[1234gold] 06/7/2021 11:30

Its impossible to rule out another cap raise - how many times have they now used the phrase 'fully funded' yet still had to go out and raise more equity ? I'm amazed the regulator hasn't investigated this one over its announcements. This has really been stuffed up and ruined any upside for equity investors.

[dartboard1] 06/7/2021 09:57

Guess we will find out around end of month when we see the balance sheet in the quarterly...

[easylikesundaymorning] 06/7/2021 09:13

It continues to drop?! I'm starting to think that we are about to see another capital raise that insiders know about.

[lukehold] 05/7/2021 19:19

https://www.afr.com/companies/mining/a-new-dawn-for-australia-s-potash-pioneers-20210604-p57y3k Interesting read