Australian Potash Ltd. is pleased to provide shareholders with a summary of the findings of the Definitive Feasibility Study on the development of its 100% owned Lake Wells Sulphate of Potash Project . Highlights - Compelling economics: o Pre-tax NPV8 of A$665M o Annual pre-tax free cash flows of A$100M and Life of Mine pre-tax free cash flows of A$3.1Billion o Pre-tax Internal Rate of Return of 25% on robust operational [...]
Australian Potash Ltd. is pleased to advise the appointment of Mr Scott Nicholas to the position of Chief Financial Officer. Mr Nicholas brings significant experience to the Company across a broad range of financial disciplines in the resources sector, including large scale debt and equity project financings, construction and operations contract negotiations, asset acquisitions, and the negotiation and execution of [...]
Australian Potash Ltd. is pleased to advise that Managing Director & CEO Matt Shackleton has provided a management update video, which can be found on the Company's website. To view the video, please visit: http://www.abnnewswire.net/lnk/GC45C352 About Australian Potash Ltd: Australian Potash Ltd. is an ASX-listed Sulphate of Potash developer. The Company holds a 100% interest in the Lake Wells Potash Project located [...]
Australian Potash Ltd. is pleased to provide shareholders with its Quarterly Activities Report for the period ended 31 March 2019. Highlights: Lake Wells Sulphate of Potash Project - 100% Owned, Western Australia - 53% K2O field evaporated trade samples of SOP produced - Commencement of final field programs of work for Definitive Feasibility Study - SOP for WA Farmers research collaboration project announced Lake Wells [...]
Australian Potash Ltd. is pleased to advise on the progress of the pond constructability program of work in the Definitive Feasibility Study of the Lake Wells Sulphate of Potash Project . The program will complete in June 2019. The Company also provides an update on the status of several DFS work streams. Highlights: - Evaporation pond construction program commenced at Lake Wells to assess optimum commercial scale pond [...]
Australian Potash Ltd. is pleased to advise that the Joint Ore Reserves Committee has formally adopted the Brine Guideline developed by an AMEC lead sub-committee of hydrogeologists. The Guideline is intended to describe the unique technical considerations that are required to report brine mineralisation, Resources and Reserves in relation to the JORC Code . The Guideline requires among other things, consideration by the [...]
Australian Potash Ltd. announces the Company kicks off Western Australian SOP trial. An Australian first, two-year controlled environmental study and broadacre field trials, will commence in this growing season, analysing the benefits of WA produced sulphate of potash fertiliser. The Australian Potash Ltd., Sulphate of Potash for WA Farmers project will compare commonly used muriate of potash with sulphate of potash and [...]
Your directors are pleased to present their report on the consolidated entity consisting of Australian Potash Ltd. and the entities it controlled at the end of, or during, the half-year ended 31 December 2018. LAKE WELLS POTASH PROJECT Australian Potash Ltd. is an ASX-listed Sulphate of Potash explorer and developer. APC holds a 100% interest in the Lake Wells Potash Project located approximately 500km northeast of [...]
Australian Potash Ltd. advises that the pro-rata renounceable rights issue made to shareholders of the Company, named on its register of members as at 5:00pm WST on 19 February 2019, under the Entitlement Issue Prospectus dated 13 February 2019 closed on 8 March 2019. The Offer was partially underwritten by Patersons Securities Limited to $4.2 million, who have also acted as Lead Manager. The Company gives notices of the [...]
Australian Potash Ltd. advises that it has extended the Closing Date for the current renounceable rights issue . Rights Issue As announced on 11 February 2019, the Company is undertaking a pro rata renounceable rights issue to eligible shareholders to raise up to $5,229,824 , comprising an offer on the basis of three rights shares for every fourteen existing shares held at an issue price of 8 cents per Rights Share [...]
Australian Potash Ltd. is pleased to advise that Managing Director & CEO Matt Shackleton has provided a management update video, which can be found on the Company's website at Management Update. About Australian Potash Ltd: Australian Potash Ltd. is an ASX-listed Sulphate of Potash developer. The Company holds a 100% interest in the Lake Wells Potash Project located approximately 500kms northeast of Kalgoorlie, in Western [...]
Australian Potash Ltd. is pleased to advise the commencement of the final field programs of work in the Definitive Feasibility Study of the Lake Wells Sulphate of Potash Project . Highlights: - Resource finalisation o Up to 3 further production wells to be developed to depths of between 140m and 170m o 3 monitoring bores per production well to be drilled to plot aquifer response during pump-testing o Long term pump [...]
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