Ann: Pre-Feasibility Study Completed for Mackay SOP Project, page-37

Wet Harvesting can’t increase recovery

Yes capturing brine entrained in the salt bed will be benificial
However they say they are not going to clean for ten years so I fail to see how that helps

How many new native title areas need to be negotiated for the road
350 kms will need to be under a new miscellaneous license and no doubt crosses different native title claims
They have assumed a resource out of the top 30 metres of the lake While the trenches have only been tested at five metres of depth

$550 million capex with the potential of a 25% increase
$150 million gas line
Unrealistic sale price

Stranded low grade resource