@sevo you have stated many times you have no intention to hold...

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garlicman

11 Posts.

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11/08/21

18:49

Post #: 55213306
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Originally posted by sevo: ↑

Regarding Ravensthorpe I suggest you look at the post by Tysons who offered a glass half full view and mentioned Ravensthorpe.

Ravensthorpe was a financial disaster for BHP. I was suggesting that SO4 holders do not want to be another Ravensthorpe.

The fast track has been a disaster unless you can offer any evidence to the contrary. Those early ponds and dewatering of Williamson pit have been shown to have achieved virtually nothing. The ramp up delays have now blown out to around the time they may have waited to get full EPA approvals upfront. The plant will be starting to rust before serious amounts of feed are available. And had they waited they would probably have low cost debt and several hundred million less shares on issue.

You doubt Taurus will be breathing down their necks given what has been presented today?

I reckon most will question if SO4 knew what they were doing based on the salt harvest.

I'd like to hear your opinion on why SO4 is looking a better near production proposition compared to KLL. Note I said near production. I don't hold KLL and have no intention of buying either SO4 or KLL.

You mention EQX. Are you aware that this is/was a Middlemas company with lazy cash. The suggestion by SO4 that they were a strategic investor is a joke IMO and I reckon EQX holders should be asking serious questions about the decision taken by their board to invest in SO4.

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@sevo you have stated many times you have no intention to hold either SO4 or KLL so why even bother to write opinions on the 2 stocks, really baffles me.

SO4 Price at posting: 31.0¢ Sentiment: Buy Disclosure: Held
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