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Salt Lake Potash CEO says securing debt and equity package is 'massive last piece of the puzzle'

Salt Lake Potash Ltd's (ASX:SO4) (LON:SO4) Tony Swiericzuk speaks to Proactive London's Andrew Scott following news of its A$203 million debt financing package and A$98.5 million fully underwritten equity raising which sees the Lake Way Sulphate of Potash (SOP) Project fully funded. He says the cash will allow them to deliver the project on schedule with first SOP production expected in the March quarter of 2021.

Quick facts: Salt Lake Potash Ltd

Price: 25 GBX

AIM:SO4
Market: AIM
Market Cap: £184.13 m
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Salt Lake Potash focused on plant commissioning as Lake Way nears completion

Salt Lake Potash Ltd's (ASX:SO4) (LON:SO4) (OTCMKTS:WHELF) (FRA:W1D) Tony Swiericzuk tells Proactive's Andrew Scott its Lake Way project in Western Australia is nearing completion, with the process plant 88% complete and the overall project, including all on-lake infrastructure 81% complete....

on 19/1/21

2 min read