One wonders why the top 20 metres, which is relatively shallow wasn't drilled and assessed before they made up their reserve figure? Desktop work and benchmarking has its limitations.
Does 'enhanced evaporation techniques' mean the seepage is far greater than expected and the K grades are inconsistent with the fast track field trials? There is a reason why projects with the highest rates of evaporation are happy to boast their evaporation numbers. Are we going to see windmills?
They are looking at wet harvesting, something that AMN reckons they have cracked (see their PFS) but something that RWD admit has been difficult to resolve. Wet harvesters will increase capital cost.
SO4 Price at posting:
63.5¢ Sentiment: None Disclosure: Not Held
