Salt Lake Potash Share Discussion Threads

[longtermgains] 08/7/2019 09:17

Shares hit A$0.82 overnight in Australia ASX:SO4 At current exchange rates that is 45.8p. Recent research note (Hannam) very conservatively values SO4 at 87p

[ileeman] 08/7/2019 08:48

All time highs hit this morning, seems there is institutional buying taking place.

[gutterhead] 08/7/2019 08:23

nice start to the day without any news or volume

[aspex] 24/6/2019 07:21

So production precursor evaporation under way.Very positive showing that it will be possible to generate income at an early date.

[longtermgains] 20/6/2019 07:57

A$0.8 is 43.5p at current rates. Cenkos target of 60p contains many layers of conservatism. Way at 0.2mtpa is probably worth 120p plus And then there are the other Lakes

[aspex] 20/6/2019 07:43

80c in Australia again today looking to set a level

[aspex] 19/6/2019 10:22

Comprehensive presentation and obviously attempting to keep investors onside. If they can get this off the ground returns to the faithful will be excellent despite some naysayers particularly on Australian BBs.

[aim_trader] 18/6/2019 15:23

Salt Lake Potash will be presenting to investors at the upcoming Proactive One2One Natural Resources Forum taking place in London on Thursday 20th June from 6pm. For full details and registration click here:

[gutterhead] 14/6/2019 09:54

saw them at a proactive presentation station in London a few mon the ago and have been watching since.
I will take a position now that there seems like some momentum and their financial position looks more established.

good luck all

[aspex] 14/6/2019 07:20

Today in Australia SO4 closed at 80c. = 43p

[adorling] 13/6/2019 09:33

I don’t think the wider market have really understood the significance of today’s RNS. For a £75m market cap Company that is a massive undervaluation to a pretax NPV of A$508 million! Have taken holding to 50k shares.

High-grade SOP resource underpins long Mine Life of 20 years

Ø Lowest operating cost for global SOP producers with an FOB operating cost estimate of $264/t (US$185/t)

Ø Low development capital requirements of approximately A$237m (US$166m) including a growth allowance of 13% ($32m) supported by the close proximity to infrastructure

Ø Exceptional economics with estimated project post-tax NPV(8) of A$381m (pre-tax NPV(8) of A$580m) and post-tax IRR of 27% (pre-tax IRR 33%)

Ø Steady state EBITDA of A$90m annually and average annual after tax cashflow of A$64m

[metis20] 13/6/2019 08:07

Also from today's scoping RNS -

"High-grade SOP resource underpins long Mine Life of 20 years

Strong cashflow and low capital cost result in early payback period of 3.2 years"

[metis20] 13/6/2019 07:25

More from today's RNS

"Lowest Operating Costs

The results of the study demonstrate the potential for very low operating costs. It is estimated that the Lake Way Project will have the lowest operating costs of any SOP operation globally with an FOB operating cost of $264/t (US$185/t)."

[aspex] 13/6/2019 07:23

This looks like the NPV translates into in excess of 100p per share.That should justify a re-rating.

[metis20] 13/6/2019 07:18

From today's RNS

"Salt Lake Potash Limited (Salt Lake Potash or Company) is pleased to report the results of the Company's Scoping Study for a commercial scale Sulphate of Potash (SOP) development at Lake Way (Lake Way Project or Project) in Western Australia.

Based on the Scoping Study results, the Project generates exceptional economic returns due to its low capital intensity, bottom quartile operating costs and sustainable operating life."

[aspex] 06/6/2019 09:40

Lion Ore participation shows strong intentions to make this one happen. Options although far away are at much higher threshold to be value. Roll on at least a 20%short term rise.

[homebrewruss] 06/6/2019 06:41

Placing price seems ok, just under 30p converted to £.

[lefrene] 05/6/2019 08:42

Very odd not suspending it here too.

[adorling] 05/6/2019 08:04

RNS - shares suspended on ASX pending fundraising which I hope is only a very small discount given the price stability around 30p for several weeks.

[aspex] 25/3/2019 00:31

Great presentation this am on the Australian website.Development should be a doddle!

[aspex] 18/3/2019 07:56

A great deal of information is in the full report. It is a further reason for seeing future revenues. Financing should be no problem once the refining numbers are proved.

[1234gold] 01/3/2019 07:30

Jo Battershill presented at the Proactive One2One forum last night. It feels like the market is finally starting to get it. A relatively simple production process and a well understood product.

[metis20] 13/12/2018 10:28

Highlights:

· Salt Lake Potash and Tarlka Matuwa Piarku (Aboriginal Corporation) RNTBC (TMPAC) have entered into a Native Title Land Access and Exploration Agreement for Lake Way

· TMPAC consent has been received for the on-lake construction of the pond system for the dewatering of the Williamson Pit at Lake Way (Williamson Ponds)

· Work programs at Lake Way continue to accelerate with construction of the Williamson Ponds expected to commence shortly

· A 'whole of lake' resource definition program is being undertaken to enable larger scale production scenarios to be considered

[metis20] 13/12/2018 10:25

In its first act of support, the Government will introduce a new rental rate for potash projects which will reduce the existing rate of Mining Leases from $18.70 per hectare to $2.32 per hectare in the first five years and then $4.64 per hectare thereafter.

[lenses] 13/12/2018 08:48

This is now moving.

Pond building then pump out Williamson.

28p

L.