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Salt Lake Potash to begin BFS at Lake Way SOP Project

Salt Lake Potash Limited (ASX: SO4) chief executive officer Tony Swiericzuk speaks to Proactive Investors about a bankable feasibility study (BFS) which is underway at the Lake Way Sulphate of Potash (SOP) Project.

This follows a scoping study, which he says produced very strong results and financials supporting the project.

The company has also recently commenced a commercial scale SOP Evaporation process at Lake Way within the Goldfields Salt Lake Project.

Pumping has started and harvest salts are expected to emerge by the first quarter of 2020.

Quick facts: Salt Lake Potash Ltd

Price: 39 GBX

AIM:SO4
Market: AIM
Market Cap: £100.13 m
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Investor Update: Salt Lake Potash unveils 'outstanding' BFS for its Lake Way...

Headlines from the Proactive UK newsroom. A Bankable Feasibility Study (BFS) has valued Salt Lake Potash’s (LON:SO4) Lake Way project at £259mln based on production of 245,000t per year. Oil rig contractor ADES (LON:ADES) has won its second deepwater drilling campaign in the Egyptian...

on 11/10/19

2 min read