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25/05/21
22:35
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Originally posted by sevo:
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A few of us mug punter idiots predicted the fall out from not having approvals a year ago. The delay in ramp up has nothing to do with WA election and everything to do the bravado shown by team SO4. As for the evaporation, perhaps they have been unlucky but when everything has been about fast track it always opens up the question of corners being cut particularly when other companies have done thing differently. KLL has stated it has an equivalent of 87Kt of SOP in either harvested salts, salts to be harvested or brine in ponds. They have almost a planned years output ready to go or crystallising. Did the Euroz analysts or the sophisticated investors put a question to SO4 regarding their SOP equivalent or attempt quantify the error in evaporation? Why don't you tweet Tony and ask him? You might get a reply with an emoji or 2. I seem to recall that one of these companies said something last year about blue dyes (known to enhance evaporation). Can't remember if it was SO4 or APC but if it was SO4 they may have been sitting on this problem for quite a while. If SO4 ends up raising further capital to put in more ponds it wouldn't be a surprise but given how tight a grip Taurus has on Tony's bollocks, the technical report must at least have satisfied Taurus.
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Plenty of expected comments, but in the interest of balance, see the highlighted section. There were salt shortages and insufficient pond systems, but you come across very one eyed when you ignore the independent review of the solutions put in place.
Last edited by
Sjlasx :
25/05/21