SO4 0.00% 31.0¢ salt lake potash limited

Ann: Notice of General Meeting/Proxy Form, page-45

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  1. 497 Posts.
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    RE: I'm just a retail punter expressing a view..... If the commissioning doesn't happen by 30 June, so what? The race to be first is a mugs game.The plant will ultimately work but if ... Flows, grade and other physical variables such as evaporation can't be manipulated, they trump all other factors. I'm not suggesting flows won't be achieved but this company has released very little data on either trench flow rates or the SOP equivalent stockpiled.

    well said.

    RE: I say this because many new investors will probably be unaware that the southern trench network and rest of ponds are still to go in.SO4 can show a plant and ponds and for many it looks like a finished project. This isn't a criticism and it helps market the project to those that haven't done all their homework.

    A alternative suggestion but not necessarily the case. it can be true or false, as different people like experts on spot can see it differently.

    RE: All the WA SOP companies will benefit from a falling dollar and rising SOP price. The companies that used a higher exchange rate and lower SOP price in their feasibility are going to see the biggest re-rate in their financials

    Even though the rate is falling, some may not benefit as many have only a passing interest in them, the time and opportunity costs of which I found excessively high. (for example, I can invest the profits from kill or the other stocks in RWD in due course, like pre-production, but not the other way round). Based on the fx historical pattern, the 0.68 fx rate has been proven to be true and unbiased when included in the Jan 2020 so4 feasibility report.
 
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