Salt Lake has executed a Memorandum of Understanding with Sinofert (majority owned by Sinochem Corporation, a Chinese State Owned Corporation) which sets the basis for the sales and offtake rights for up to 50% of the SOP production from the Greater Salt Lake Project, for distribution into China for 8 years, from 1 January 2020.
In our view the recent derating is unwarranted and the current equity price is at odds with improving end markets as demonstrated by the increasing SOP Price and cus ....
02 Oct 2018
Cenkos: Salt Lake Potash Ltd - Greater Salt Lake Project Offtake MOU
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Cenkos: Salt Lake Potash Ltd - Greater Salt Lake Project Offtake MOU
- Published:
02 Oct 2018 -
Author:
Will Dymott -
Pages:
11
Salt Lake has executed a Memorandum of Understanding with Sinofert (majority owned by Sinochem Corporation, a Chinese State Owned Corporation) which sets the basis for the sales and offtake rights for up to 50% of the SOP production from the Greater Salt Lake Project, for distribution into China for 8 years, from 1 January 2020.
In our view the recent derating is unwarranted and the current equity price is at odds with improving end markets as demonstrated by the increasing SOP Price and cus ....