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re: Ann: Quarterly Activities Report and Appe... Turn that frown...

  1. stockanalyst1
    630 Posts.
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    29/01/11
    10:16
    Post #: 7807810
    re: Ann: Quarterly Activities Report and Appe... Turn that frown upside down.

    The work with RUM on the Karinga Lakes in the NT reads quite well. This system has a surface expression of about 1,500 km2 compared to Sydney Harbour at 55km2. Initial testing in unfavourable locations gives better than expected recharge rates. Even a product type of mixed K/Mg fertiliser is being discussed. Interesting when the resource size/production rate is known but given the prospective area could be decent.

    Just one project out of Karinga/Mackay/LD would be enough.

    RWD Price at posting: 49.1¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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