APC 0.00% 0.1¢ australian potash limited

Ann: Strong Flow Rates from Test Production Bores, page-6

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 10,010 Posts.
    lightbulb Created with Sketch. 103
    That's very good test pump results over that period of time.

    Very confident going forward with these pump results. Seems they are confident that they can even improve on them as well.

    Australian Potash Executive Chairman Matt Shackleton said the strong flow test results
    meant the Company had now ticked another box on the path to demonstrating the
    project’s economic and technical viability.
    “We were looking for these test-production sites to produce 14 – 18 litres per second,
    which is in line with what the current available research indicates was possible for
    palaeochannel systems in the Northern Goldfields. Major Chinese and South American
    brine pumping operations achieve flow rates of between 10l/s and 18l/s,” Mr
    Shackleton said. These first test-production bores were designed to achieve this rate.
    “We were naturally very surprised with the air-lift development yields, which were
    achieved using air-injection at pressures of c.2,500kpa (vs. downhole pumps at
    pressures of c.1,250kpa). However, by the time the test-production bores were airlifted
    as part of their development, the bores’ dimensions (bore diameter, size of the pumps,
    screens) were fixed. With the information from this first test-production programme, the
    production bore designs will be upgraded in future programs.”
 
watchlist Created with Sketch. Add APC (ASX) to my watchlist
(20min delay)
Last
0.1¢
Change
0.000(0.00%)
Mkt cap ! $4.070M
Open High Low Value Volume
0.1¢ 0.1¢ 0.1¢ $1.12K 1.12M
APC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.