FML 6.25% 17.0¢ focus minerals ltd

40% copper + au within trucking distance, page-4

  1. 685 Posts.
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    Nenz,
    yes salt lakes do present some challenges. As history shows, previous holders did have difficulties with access some years ago. In more recent times, a lot of drilling on salt lakes has been done successfully, particularly on Lake Lefroy, with hovercraft rigs. These rigs were developed specifically to overcome the problems with salt lakes, nescessity being the mother of invention. These things can walk on water, and drill in quick sand. Focus have timed this aquisition well IMHO, given the prejudice against salt lakes being well known, however the proven solutions less well known.
    DYOR
    K
 
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