Salt Lake Potash Share Discussion Threads

[el-tel] 19/10/2021 08:59

I can imagine a well established mining group buying this at a massive discount and making millions from it . Sadly not existing shareholders.

[eezymunny] 19/10/2021 07:55

They think it's all over...

www.investegate.co.uk/salt-lake-potash-ltd--so4-/rns/statement-re.-suspension/202110190741345058P/

[hamidahamida] 19/10/2021 07:43

Suspension on AIM now

[noirua] 18/10/2021 13:30

On SO4, it was in this position before in 2015 raising cash at 2.5p 4.8c after crashing in price as Wildhorse Energy. Many said it would never get back to 30p 55c ever again - how wrong they were. The IPO was 40c in 2006.. Hit A$3.92 in 2007, hit 4.8c in 2015, then 85c and 2p 3.8c - there you goes.

So maybe anything goes on this one as far as guess estimates are concerned.

[jaforsadi] 18/10/2021 12:26

Your a foolWho makes ridiculous statements

[shanew48] 18/10/2021 12:24

Because I'm a half glass full kind of guy.

[jaforsadi] 18/10/2021 12:16

Shane here again with his ridiculous statement s

[aja2] 18/10/2021 12:16

You conveniently ignored the rest of the tweet: 'I warn you only buy what you can afford to lose, if no funding this will drop by 80% or completely bust'

[shanew48] 18/10/2021 12:14

"If funding news lands we are looking at 8-10 bagger"

[shanew48] 18/10/2021 11:26

"5 bagger potential within days?"

"Imagine if #SO4 gets a strong funding

This one just happened on Friday...

ASX-listed BCI Minerals on Friday announced that it had secured A$740-million in debt funding for the development of its Mardie salt and potash project, in Western Australia

"SO4 is a Risk/Reward punt

A strong funding and this could fly back into double digits

35p to 2p drop

At times you have to take these type of punts. Can turn into 5 Bagger within days"

[shanew48] 16/10/2021 22:38

A Further extension to the ASX trading suspension come 20th October? Trading has been suspended for a good few weeks now so they have had plenty of time to sort out the refinancing

[noirua] 16/10/2021 15:43

Hi Zen12, If links wont open engage VPN. They should open. If not switch domains.

[shanew48] 15/10/2021 19:04

Avg vol (3-month) =1.4M
Avg vol (10-day) = 1.38M

Todays volume = 26,222,607

So a x 25 increase on recent daily trading volumes could either be a result of a leak with regards to positive refinancing? or something else?

[zen12] 15/10/2021 17:31

Kind to share article, as can't access?

[lookingforhelp] 15/10/2021 16:27

Seriously, they are a disgrace. In Aus, ASIC should be all over them.

[shanew48] 15/10/2021 16:05

To coincide with trading recommencing on the ASX exchange Sunday/Monday 1am UK time?

[shanew48] 15/10/2021 16:00

lefrene15 Oct '21 - 12:53 - 755 of 756

"You don't get volume like this without something being leaked."

Post of the day, seems like there has likely been some sort of leak with regards to positive financing, presumably confirmation will come Sunday night UK time just before AUS market opens?

[noirua] 15/10/2021 14:33

Syndicated Facility Agreement

[lefrene] 15/10/2021 12:53

You don't get volume like this without something being leaked.

[adorling] 15/10/2021 12:03

Beware the P&D’s

[noirua] 15/10/2021 11:09

We don't know where the share price is going but I doubt SO4 are worth more than 7p a share. That is very sad for those who paid 48p at the 2019 high point. However, you can never be sure as in the case of ASX: FLX that rose from 35c to $23.00 in its 2003 - 2008 run up.

[jaforsadi] 15/10/2021 10:50

I'mWaiting for a lower price

[useless23] 15/10/2021 10:44

Yesterday the spread was 2 to 2.05 which was unusual.

[jaforsadi] 15/10/2021 10:41

Healthy cash balance held