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LON:SO4

Salt Lake Potash Ltd

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Market:
LON
Market Cap:
£120.31 m
Price
£0.47
Change
0.00%
52 weeks high
48.00
52 weeks low
22.00

Salt Lake Potash Limited (Salt Lake or Company) believes corporate governance is a critical pillar on which business objectives and, in turn, shareholder value must be built. The Board of Salt Lake has adopted a suite of charters and key corporate governance documents which articulate the policies and procedures followed by the company.

Goldfields Salt Lakes Project

Salt Lake Potash is developing the Goldfields Salt Lakes Project, which we plan to be the most sustainable, most rewarding fertiliser project in the world. An initial 50,000tpa Demonstration Plant will provide the template for a very large scale, very long life and very economic project across a number of salt lakes, delivering premium, organic nutrients to the world’s farmers.

The Company plans to produce the premium product Sulphate of Potash (SOP) from extracting hypersaline brine from salt lakes, transporting the brine in a series of solar evaporation ponds to produce potassium-rich harvest salts which can then easily be converted in SOP for the domestic and international markets.

SOP is the premium source of potassium (macro-nutrient) favoured by high value, chloride intolerant crops.

The Company’s long term plan is to develop an integrated SOP operation, producing from a number (or all) of the lakes within the GSLP, after confirming the technical and commercial elements of the Project through construction and operation of a Demonstration Plant producing up to 50,000tpa of SOP.

Salt Lake Potash will progressively explore the lakes in the portfolio with a view to estimating resources for each Lake, in parallel with the development of the Demonstration Plant. Exploration of the lakes will be prioritised based on likely transport costs, scale, permitting pathway and brine chemistry.

 

Goldfields project locations

UK & Australia.

BOARD OF DIRECTORS

Mr Ian Middlemas
CHAIRMAN

Mr Middlemas is a Chartered Accountant, a member of the Financial Services Institute of Australasia and holds a Bachelor of Commerce degree. He worked for a large international Chartered Accounting firm before joining the Normandy Mining Group where he was a senior group executive for approximately 10 years. He has had extensive corporate and management experience, and is currently a Director with a number of publicly listed companies in the resources sector.
 

Mr Tony Swiericzuk
CHIEF EXECUTIVE OFFICER

Mr Swiericzuk is a Mining Engineer with outstanding credentials as a builder and operator of mining projects, having recently been General Manager of the Christmas Creek Mine from 2012 to 2017. He oversaw the construction, commissioning and ramp-up of this project from 15Mtpa to 60Mtpa in his initial 2 year period, then proceeded to optimise the operation and help drive FMG to become the world’s lowest cost iron ore producer.

In his initial years at FMG Mr Swiericzuk was General Manager Port Operations in Port Hedland and managed the ramp up from 20Mtpa to 60Mtpa from 2009 to 2011.

Mr Swiericzuk holds an Honours Degree in Mining Engineering from The University of Queensland, a Master of Business Administration from Deakin University, and is a Graduate of the Australian Institute of Company Directors.
 

Mr Mark Pearce
NON-EXECUTIVE DIRECTOR

Mr Pearce is a Chartered Accountant and is currently a Director of several listed companies that operate in the resources sector. He has had considerable experience in the formation and development of listed resource companies and has worked for several large international Chartered Accounting firms. Mr Pearce is also a Fellow of the Governance Institute of Australia and a Fellow of the Financial Services Institute of Australasia.
 

Mr Bryn Jones
NON-EXECUTIVE DIRECTOR

Mr Jones is a Chemical Engineer with over 20 years management experience in industrial processing in commercial and mining operations around the world, including potash and phosphate projects.

Mr Clint McGhie
CHIEF FINANCIAL OFFICER & COMPANY SECRETARY

Mr McGhie is an experienced Chartered Accountant and Company Secretary who commenced his career at a large international accounting firm and has since been involved with a number of ASX and AIM listed exploration and development companies operating in the resources sector, including Apollo Minerals Limited, Berkeley Energia Limited and Sovereign Metals Limited. Mr McGhie is also an Associate Member of the Governance Institute of Australia (Chartered Secretary), and a Fellow of the Financial Services Institute of Australasia.

 

Registered Office
Level 9, BGC Centre
28 The Esplanade
Perth WA 6000
Australia
Telephone: +61 8 9322 6322
Facsimile: +61 8 9322 6558

London Office
3C/38 Jermyn Street
London SW1Y 6DN
United Kingdom
Telephone: +44 207 478 3900
Facsimile: +44 207 434 4450
Email: [email protected]

CORPORATE DIRECTORY

REGISTERED OFFICE

Level 9, BGC Centre
28 The Esplanade
Perth WA 6000
Australia
Telephone: +61 8 9322 6322
Facsimile: +61 8 9322 6558

LONDON OFFICE

C/38 Jermyn Street
London SW1Y 6DN
United Kingdom
Telephone: +44 207 478 3900
Facsimile: +44 207 434 4450

SECURITIES EXCHANGE LISTING

Australian Securities Exchange
ASX Code: SO4 – Ordinary Shares
London Stock Exchange (AIM)
AIM Code: SO4 – Ordinary Shares

NOMINATED ADVISER

Grant Thornton UK LLP
30 Finsbury Square
London EC2P 2YU

AIM BROKER

Cenkos Securities
6.7.8 Tokenhouse
London ECR2R 7AS
Telephone: +44 (0) 131 220 6939

SHARE REGISTRY

Australia
Link Market Services Limited
Level 12, 680 George Street
Sydney NSW 2000
Telephone: +61 1300 554 474
Facsimile: +61 2 9287 0303

United Kingdom
Computershare Investor Services Plc
PO Box 82
The Pavillions
Bridgwater Road
Bristol BS99 7NH
Telephone: +44 870 889 3105

SOLICITORS

Steinepreis Paganin
Level 4, The Read Buildings
16 Milligan Street
Perth WA 6000

AUDITOR

Ernst & Young
11 Mounts Bay Road
PERTH WA 6000

BANKERS

Australia and New Zealand Banking Group Limited

 

CORPORATE DIRECTORY

REGISTERED OFFICE

Level 9, BGC Centre
28 The Esplanade
Perth WA 6000
Australia
Telephone: +61 8 9322 6322
Facsimile: +61 8 9322 6558

LONDON OFFICE

C/38 Jermyn Street
London SW1Y 6DN
United Kingdom
Telephone: +44 207 478 3900
Facsimile: +44 207 434 4450

SECURITIES EXCHANGE LISTING

Australian Securities Exchange
ASX Code: SO4 – Ordinary Shares
London Stock Exchange (AIM)
AIM Code: SO4 – Ordinary Shares

NOMINATED ADVISER

Grant Thornton UK LLP
30 Finsbury Square
London EC2P 2YU

AIM BROKER

Cenkos Securities
6.7.8 Tokenhouse
London ECR2R 7AS
Telephone: +44 (0) 131 220 6939

 

Registered Office

Level 9, BGC Centre
28 The Esplanade
Perth WA 6000
Australia
Telephone: +61 8 9322 6322
Facsimile: +61 8 9322 6558

London Office

3C/38 Jermyn Street
London SW1Y 6DN
United Kingdom
Telephone: +44 207 478 3900
Facsimile: +44 207 434 4450
Email: [email protected]

SHARE REGISTRY

Australia
Link Market Services Limited
Level 12, 680 George Street
Sydney NSW 2000
Telephone: +61 1300 554 474
Facsimile: +61 2 9287 0303

United Kingdom
Computershare Investor Services Plc
PO Box 82
The Pavillions
Bridgwater Road
Bristol BS99 7NH
Telephone: +44 870 889 3105

SOLICITORS

Steinepreis Paganin
Level 4, The Read Buildings
16 Milligan Street
Perth WA 6000

AUDITOR

Ernst & Young
11 Mounts Bay Road
PERTH WA 6000

BANKERS

Australia and New Zealand Banking Group Limited