This is the sh%^ Paragon has written:
"We’re backing both Agrimin’s world-class asset as well as Mark Savich, CEO. Mark and Tom Lyons, GM, founded Agrimin back in 2013 when they were examining brine projects globally in pursuit of a world-class SOP asset. In 2014 they pegged tenements across Lake Mackay, WA’s largest salt lake,
recognising that almost all projects failed to overcome barriers associated with extracting brine and building unlined evaporation ponds on the enormous scale necessary. Early beginnings which reminds us (albeit at a smaller scale) of Andrew Forrest who pegged key Iron Ore grounds around the majors, prior to the Iron Ore Boom of 2003-2011, leading to the makings
of what is today the ~$20b Fortescue Metals."
LET ME CORRECT THEM:
Mark Savich took control of a shell company after he did a research note on RWD and a cap raise for RWD when he was at Blackswan equities, he turned the shell company into a potash company.
He didn't peg Lake Mackay, he acquired this project from RWD. RWD relinquished the project because of issues dealing with CDNTS.
Lake MacKay is a long way from being the biggest potash project in WA though the lake has a large footprint.
As for being like Andrew Forrest. LOL.
Unbelievable.
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This is the sh%^ Paragon has written: "We’re backing both...
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