It semms that the Lake Wells proposal was dropped in favour of Lake Way for logistics reasons and a big one being proximity to Gas pipeline Using gas for power in the plant is significantly cheaper than the Diesel alternative..something that the other potash hopeful makes a point of, as for logistics I would like to see more analysis on the road haulage costs of bringing the primary product from the other lakes to production facility. As per the MOU with Blackham I find it a worry as BLK management are a shifty bunch..check out their history...its not a good read.
SO4 Price at posting:
49.5¢ Sentiment: Hold Disclosure: Held