SO4 0.00% 31.0¢ salt lake potash limited

Ann: March 2020 Quarterly Report, page-52

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 7,080 Posts.
    lightbulb Created with Sketch. 526
    Flow rates and plant are completely seperate issues.
    We don't know the breakdown of the KLL cost blowout. Perhaps the need for extra bores and trench was relatively minor in terms of brine and dollars.
    You can have the best plant in the world but if you can't abstract the brine that you modelled you are not going to reach signature output and probably not going to reach expected mine life.
    I'm not having a go at SO4 and we don't know all the KLL facts but SO4 are not pumping from their production bores and they don't have full scale ponds to fill.

    How many SOP plants have Wood/GE commissioned? Canadian & German potash processing experience is supposed to be second to none but I agree a local engineer is going to be far more in tune with the WA climate & conditions.

    I think the financiers will be checking if their CPs align with known issues at KLL

    Cheers

    Last edited by sevo: 14/05/20
 
watchlist Created with Sketch. Add SO4 (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.