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Australian Potash concludes field programs as DFS nears completion

Australian Potash (ASX:APC) chief executive officer and managing director Matt Shackleton updates Proactive Investors on progress with a definitive feasibility study at the Lake Wells Sulphate of Potash Project.

As part of this work field programs have recently been concluded.

Highlights include an imminent resource upgrade and maiden reserve estimate reflecting more than 60,000 metres of drilling data, and laboratory scale test work and processing with 250 kilograms of 98% pure SOP produced grading 53% K20.

Shackleton says final documentation for the DFS is underway, with CAPEX modelling complete, the logistics pathway finalised, and optimal energy solution and related costs identified.

Quick facts: Australian Potash Ltd

Price: 0.078 AUD

Market: ASX
Market Cap: $37.95 m

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on 3/6/20

2 min read