SO4 salt lake potash limited

Ann: Binding Offtake with Mitsui & Co., page-4

  1. 7,080 Posts.
    lightbulb Created with Sketch. 526
    You have to wonder if the $20M paid for something magic in the brine.
    Look at the recent announcement by AMN and compare with SO4 and if looks like SO4 managed to conduct trials faster (in a lower evaporation zone?), used the same labs in Perth and Canada and managed to produce a spec sheet product that commands s 20% premium.
    It will be interesting to see if that is how things play out.
    I presume you consider the deal a steal because you are hoping for adjacent tenements to be purchased.
    Good luck, I suspect there will be some sort of deal done.
    Last edited by sevo: 20/02/20
 
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