HFR 3.45% 28.0¢ highfield resources limited

A mining-friendly jurisdiction

  1. 2,299 Posts.
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    Mods:  I am not ramping KL.  I don't hold them, while I do hold HFR.

    Kalium Lakes is ready to rock in WA.  They plan to produce Sulphate of Potash, the yummy, premium stuff, not Muriate of Potash, way out in the middle of nowhere beyond Mt Newman.

    No infrastructure?  No problem.

    The Australian Government is lending them $74m for a 78km gas pipe and gas power station.
    https://www.australianmining.com.au/news/kalium-lakes-to-receive-74-million-naif-loan/

    The Beyondie project is expected to be one of the lowest cost producers in the world (the fat loan helps).
    https://www.australianmining.com.au/news/kalium-lakes-to-be-among-worlds-lowest-cost-producers/

    *All Native Title Agreements in Place
    *Mining Tenure Granted
    *Federal Environmental Approval Received
    *Gas Pipeline Licence Approved
    *EPA & DMIRS Early works approvals in place
    *Approvals already in place for 150ha of disturbance and 1.5Glpa Brine extraction
    *Remaining State Environmental Approvals expected in Q2 2019

    Have I backed the wrong horse?

    Ash

 
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28.0¢ 28.0¢ 27.5¢ $59.64K 215.0K

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