Ann: Mackay SOP Project Fieldwork Update, page-7

Vascoe
Take out your top three test results and run the average
Most rates have settled below .5 and then there is one at 6.9 ? Then there are three failures
Are you going to spend $650 million
On the one freak trench?
Take in to account losing two months a year due to wet weather ( yes it does rain in the desert and yes water runs to the lowest point ) add a bit of contingencies and I estimate it will require aprox
1100 km of trench
They don’t show alot of information
For example we’re is the draw down cone?
What are the trench spacing ?
The clay in these terminal players is to fine and will simply not release the brine
To summarize
To much clay
Low grade and stranded
This one is not for me
But I realy like the potash space