gaia's kidney
12 May 2018
So under the radar Is this soon to change? It should. Regardless, value will out as the co progress...and they are doing. A useful and pretty comprehensive research note has just come out on the Goldfields SOP project:[link] rare 'Strong Buy' from me.GK.
WD in yorkshire
29 Oct 2017
valuation and comparison HelloValuation[link] look at how the value for Kalium (ASX:KLL) has changed. Kalium were in a similar stage of development to SO4 at the start of 2017.Wishing everyone the best & DYOR.
in4apennyin4amil1
17 Oct 2017
Very comprehensive AND POSITIVE RNS Salt Lake Potash Limited (the Company or SLP) is pleased to advise the successful completion of field trials testing an on-lake, unlined evaporation pond model, which will result in significant capital expenditure savings for the Goldfields Salt Lakes Project (GSLP).HighlightsØ Comprehensive geotechnical and geological investigation confirms the widespread availability of ideal in-situ clay materials for use in evaporation pond construction.Ø Modelling based on geotechnical properties of the clays confirms the potential to build unlined on-lake ponds with negligible seepage inefficiency.Ø Amec Foster Wheeler estimate that comparative costs for 400Ha on-lake ponds are $1.6m (unlined) and $42.2m (HDPE lined), highlighting major potential cost savings.Ø An on-lake construction and pond testing program conducted at Lake Wells over the last six months has validated the unlined pond model, with brine seepage inefficiency well within modelled parameters.The field trial involved construction and testing of four test ponds on the Lake Wells Playa, built solely from in-situ clay materials, using a standard 30t excavator, which operated efficiently and effectively on the lake playa. The trial achieved levels of brine seepage from the evaporation ponds well below the threshold for successful operation of halite evaporation ponds, and potentially also for the smaller potassium salt harvest ponds.The capex savings from this construction method are substantial, compared to the alternative of plastic lined ponds. SLP's engineering consultant, Amec Foster Wheeler, estimates the cost of lined ponds to be approximately $10.50 per m2, up to 25 times higher than construction costs for unlined ponds.The 25m x 25m test ponds were designed by SLP's geotechnical consultant, MHA Geotechnical (MHA), to test the constructability and operating performance of a number of pond wall designs and to provide reliable seepage data under site conditions. The observed brine loss in the test ponds was well within the parameters of the hydrodynamic model, inferring losses for a 400Ha pond will be below 0.125mm/day.The Company has identified several opportunities to improve the construction of commercial scale ponds using excavators, along with ancillary equipment to optimize drying and compaction of the clays utilized in pond wall construction. This should result in further improvements in the already very low seepage observed in the trial sized ponds.SLP plans to now construct an 18Ha Pilot scale pond system to further improve the pond design and construction model.Commenting on the test outcomes, SLP's CEO, Matt Syme, said:"We are very pleased to have successfully demonstrated and quantified the potential for on-lake, unlined evaporation ponds at the GSLP. The importance of this outcome cannot be understated for two reasons:· firstly, the potential capex savings are very substantial and· secondly, this outcome is the final fundamental technical building block which we have tested and validated under field conditions and to a very high standard.Along with all of the Company's other high quality testwork on brine extraction and evaporation and the conversion of on-site harvest salts to high quality SOP, as recently validated and optimised by Saskatchewan Research Council, we believe we have rigorously tested all the technical elements of SOP production from salt lake brines to a standard not seen in Australia to date." The GSLP SOP Production ProcessThe proposed process for production of Sulphate of Potash (SOP) at the GSLP requires brine extracted from Lake Wells to be concentrated in a series of solar ponds to induce the sequential precipitation of salts, firstly eliminating waste halite and then producing potassium-containing Harvest Salts, mostly kainite and carnallite, in the harvest ponds.The Harvest Salts are then treated in a processing plant to convert these salts into SOP, while minimising dep
in4apennyin4amil1
29 Aug 2017
Good to see Volume rising along with the price.News on the way?
Krayl
10 Jul 2017
Re: Developments Hi GK,I have followed you here from the Sirius board, where you appear to know what you are talking about!I have spent a bit of time looking at Salt Lake with nothing jumping out at me to invest. Would you mind summarising why you think it may be a good prospect?Cheers
gaia's kidney
02 May 2017
Developments Hi. Quiet forum.Recent co activity
lacings:[link] plant - production 12 months?[link] state of play:[link] article:[link] SOP holds in the $600 to 750/t pricing region over coming years there is potential for multiple £100ms/y earnings - if they can get to the proposed production.PDYOR.GK.
loadsadough
10 Aug 2016
SO4 RNS Salt Lake Potash LTD10 Aug 2016 08:45:22Salt Lake Potash LtdRNS Number : 7825GSalt Lake Potash Limited10 August 2016 10 August 2016 AIM/ASX Code: SO4 SALT LAKE POTASH LIMITEDGeophysics and Test Pumping Reinforce Lake Wells PotentialSalt Lake Potash Limited (SO4 or the Company) is pleased to advise the results of a comprehensive geophysical survey at Lake Wells, as well as outstanding initial test pumping results of brine from the Lake Wells paleochannel. These results substantially enhance the potential for production of Sulphate of Potash (SOP) by brine extraction and solar evaporation at the Lake Wells Project.· Over 350km of ground based gravity and seismic surveys have been completed, providing the first detailed geophysical model of the Lake Wells paleovalley. · The model has mapped the deepest parts of the paleovalley (identified as the paleochannel) over approximately 100km within the Project area, the target for the paleochannel aquifer which is likely to provide the best sites for brine extraction bores. · An aircore drill program testing the paleochannel geophysical model along the Northern fringes of the Lake has completed five holes, all of which validated the interpretation. · Three of those holes were on the north-eastern fringe of the Lake, testing the main trunk of the modelled paleochannel and encountering substantial widths of paleochannel sands, including two with very coarse (more permeable) sands and gravels. · A comprehensive, sustained pump test of one of the coarse sand and gravel zones confirms production bores in this part of the aquifer should sustain brine extraction rates of up to 25 litres per second (L/s), reinforcing the potential for extraction of large volumes of hypersaline brine from the paleochannel aquifer.CEO Matt Syme commented "We are again very pleased with our exploration results at Lake Wells, with a test pumping result which we believe is one of the highest quality and most comprehensive undertaken on an Australian salt lake. The geophysical surveys and interpretation have produced a comprehensive model of Lake Wells to guide our future exploration work. As the first test pumping demonstrates, the model will allow us to find the most effective basis to extract Lake Wells' large brine resource and has already provided valuable input into the Scoping Study currently underway." Geophysical SurveysAn extensive ground based geophysical survey was completed aimed at assessing the Lake Wells bedrock topography and generation of paleochannel aquifer drill targets. Atlas Geophysics were engaged to undertake a gravity survey using industry leading high accuracy gravimeters and position systems to measure subsurface density. A total of 46 gravity lines comprising 2,147 stations spaced 50 - 200m apart were completed. In addition, a passive seismic (Tromino) system was used to correlate a secondary geophysical interpretation tool with the gravity and provide a more robust model. A total of 11 passive seismic lines spanning 30km was completed on priority lines identified by the gravity survey.Gravity measurements were processed and merged by Western Geophysics with available regional data. The final merged residual gravity data have been used as the basis for interpretation.Image processing of the gravity data shows there is a semi-continuous distinct residual gravity low present along the eastern to central areas of the entire tenement area. The anomaly which is approximately 2km wide, traces a typically sinuous path, including several cut out meandering branches from the northern to southern tenement boundaries. The location and depth of the paleochannel has been interpreted by modelling gravity profiles across the structure. Modelling has been assisted and where applicable constrained by a number of aircore holes that have penetrated the Tertiary sequence to bedrock.
loadsadough
10 Aug 2016
Re: Still going well Hello fecmRead these and see if you can find out why SO4 is doing well. (From the London Stock Exchange). Lets hope it keeps going up..June 2016 Quarterly Report 01 Aug 2016Appendix 5B 01 Aug 2016ASX Price Query 21 Jul 2016Loadsadough
fecm
09 Aug 2016
Re: Still going well Still got to rise 48% before I break even. Could (and has) be a long wait. nice to see an upward direction for a change though. Not much info about at the moment to explain it though.
loadsadough
09 Aug 2016
Still going well Up again today, be interesting to see how it goes. I have entered a chart so we can see how it is doing.Loadsadough
loadsadough
25 Jul 2016
Going well I bought this one the other day and it's 11% up at the moment.Loadsadough
jammyb
05 Feb 2016
I am nan ex- Wildhorse Energy shareholder - got badly stung. So I bought some Salt Lake Potash, because potash seemed a good prospect. But is there any potash or are the BODS taking us for a ride again. Starting to feel like a mug again.
