A few snippets for those interested.
LD
Looks to be a very low cost producer. Will be very competitive with all worldwide producers. Compare OPEX to salt mines in the Pilbara.
Transport: rail freight via Newman to PH or Karratha around $55/T.
Road freight via Telfer $100/T.
Marketing: originally looked to compete for the domestic MOP market but has been advised that Asian market for SOP should be considered ($600/T).
Access road CAPEX approx $1M.
MR is aware that there may be objections to ILUA but confident.
There is broker interest. This will be ramped up with permits in place.
Early CR of $15M looks likely
Overall debt 45%?
In house studies done. Await analysis.
Very simple mining operation but 12-18 month lead time involved.
Trenches should allow drainage from the exclusion zone
Capex, $150M?
Martu reluctant to join board
LM
Looking to bypass CDNTS
Chinese partner interested. Same party is looking to develop phosphate plant in Darwin with a phosphate miner.
Adavale
$1M per hole, need partner.
Officer
"Very interesting"
KLakes
No further funds to be contributed this year
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