If KLL are successful with salts and processing I think future investors will appreciate that the problem was either the advice received by SO4, implementation of advice, some bad luck or a combination. The brines from these projects are not that dissimilar despite what some CEOs claim (eg Shackleton and MOP conversion). The notable exception is the lower Na at Beyondie.
As a side note SO4 went with Chilean consultants on evaporation and SRC for processing. KLL went for K-Utec with some advice from SRC. RWD has been largely in house with processing input from Ercosplan.
Beyond NPVs and the financial modeling I’m not convinced many professional investors have anymore idea than you or I.
I’m of the mind that Middlemas and previous investments were a major factor in institutions gravitating toward SO4.
SO4 Price at posting:
31.0¢ Sentiment: Sell Disclosure: Not Held
