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31.0¢ salt lake potash limited

Ann: Resignation of CFO, page-12

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Jafs

161 Posts.

20

20/12/20

15:16

Post #: 49711901
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Originally posted by sevo: ↑

Some of the dominoes have fallen in this fast track development. Still not approved and lender wasn’t lending.
Shareholders are probably concerned that the SP is below the CR but what they haven’t considered is the FX has moved 8 points from the DFS and the current SOP price is well below the DFS US$550/T, at this moment in time the NPV is probably 60% of the DFS number. Furthermore it’s hard to believe the capex hasn’t blown out.
Will be interesting to see how much ramp up is delayed by approvals and what price they achieve for the initial sales.

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I recall they didn't really have Enviro approval for processing, just a trial plant. Thats water under the bridge I hope?
Was looking to re-enter but your post above doesn't indicate a lot of *good* news.
Is the race with KLL still well and truly on to first production? I'm waiting for the first truck/train to arrive at port to flag the winner currently heh.

SO4 Price at posting: 37.5¢ Sentiment: None Disclosure: Not Held
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