APC 0.00% 0.1¢ australian potash limited

weekly chart looking for wave 3, page-38

  1. 3,028 Posts.
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    A recent quote from a report from a broker at argonaut...possibly reason behind slip in price.

    Unlikely that all will make it:  Answers to a number of technical questions (primarily related to commercial brine extraction) are needed to prove the viability of local projects.  Project economics will also be influenced by resource and location.  RWD’s project is the most advanced, and GPH’s the least.  RUM’s resource is relatively small.  SO4 and Kalium Lakes are relatively closer to infrastructure.  It’s still anyone’s race, however in our view at this stage RWD, SO4 and Kalium Lakes have their noses in front.
 
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