Kordamentha’s Richard Tucker, who has been appointed as receiver alongside Craig Shepherd, said it expected “significant interest” from the sale and recapitalisation.“The Lake Way project is largely fully developed and offers an opportunity for a turnkey project in a commodity of the future,” he said.“Sulphate of potash is attracting significant interest globally as it fits within the ‘green’ investment thesis for a large number of global investors.
“Given SO4 has a world-class potash project in a favourable jurisdiction, we expect significant interest in the sale and recapitalisation process.”
