Australian (ASX) Stock Market Forum

SO4 - Salt Lake Potash

Jump to new
still going up last couple of days, interesting to see if it keeps running.
If stays in the channel, resistance soon.



so4B1.png
so4B2.png
 
Floated at 40c in 2006 as Wildhorse Energy Limited on uranium and gas/oil exploring in Europe. Failed to happen when the Japanese Nuclear Power Station blew up. Then Fracking came in and that was that. The shares descended down to 4c and the game looked up.
Somehow we ended up in Australia with potash on the agenda. My golly gosh, the shares recovered again and back to 48c. All quite remarkable. I'm sitting quietly wondering whether to carry on doing so or not - quite content really.
 
noirua said:
Floated at 40c in 2006 as Wildhorse Energy Limited on uranium and gas/oil exploring in Europe. Failed to happen when the Japanese Nuclear Power Station blew up. Then Fracking came in and that was that. The shares descended down to 4c and the game looked up.
Somehow we ended up in Australia with potash on the agenda. My golly gosh, the shares recovered again and back to 48c. All quite remarkable. I'm sitting quietly wondering whether to carry on doing so or not - quite content really.
Click to expand...
Doesn't look that good at the moment.

Poor chart etc

so4 new1.png
 
OmegaTrader said:
Doesn't look that good at the moment.

Poor chart etc

View attachment 70778
Click to expand...

The chart is a bit misleading as SO4 was really a UK stock that suddenly popped up more strongly in Aus. A double placing at 25p / 43c is underway with shares suspended on ASX. Still trading on UK AIM market with last trades at 27p.
Fair enough, chart is weak this year, especially in A$s. Less so in weak £s.
 
Construction of Lake Way March 2019:


27 June 2019: Salt Lake Potash to begin BFS at Lake Way SOP Project
 
Last edited:
Clansman said:
Was formerly Wildhorse Energy. Worth investigating how that went before parting with your hard earned.
Click to expand...

GBP1,000 invested in Wildhorse Energy now SO4 at the low point in 2014 would be worth GBP15,000 today.
AUD1,000 would be worth AUD16,000. Slight exchange rate fluctuation.

April 2015:
A change of direction is in line for Wildhorse Energy (ASX:WHE, LON:WHE), which is entering the potash market as it struck a deal to acquire Australia Salt Lake Potash, which holds two large scale high grade brine projects in Western Australia.

The name change was on 2 December 2015.
 
Last edited:
noirua said:
GBP1,000 invested in Wildhorse Energy now SO4 at the low point in 2014 would be worth GBP15,000 today.
AUD1,000 would be worth AUD16,000. Slight exchange rate fluctuation.

April 2015:
A change of direction is in line for Wildhorse Energy (ASX:WHE, LON:WHE), which is entering the potash market as it struck a deal to acquire Australia Salt Lake Potash, which holds two large scale high grade brine projects in Western Australia.

The name change was on 2 December 2015.
Click to expand...

Completely incorrect. They had a massive share consolidation. Changed direction, changed name. Same horse.
 
noirua said:
GBP1,000 invested in Wildhorse Energy now SO4 at the low point in 2014 would be worth GBP15,000 today.
AUD1,000 would be worth AUD16,000. Slight exchange rate fluctuation.

April 2015:
A change of direction is in line for Wildhorse Energy (ASX:WHE, LON:WHE), which is entering the potash market as it struck a deal to acquire Australia Salt Lake Potash, which holds two large scale high grade brine projects in Western Australia.

The name change was on 2 December 2015.
Click to expand...

Deliberately misleading on your behalf. A 1 for 30 share consolidation.
Now do the maths again and tell everybody how much AUD $1000 invested at the low point ( pre consolidation ) would be worth now????

Consolidation came on the 25th of November 2014.
 
Without saying too much a bloke I've known since I was a kid has a Son working on this and big things coming for this. I'm not in it at this stage DYOR
 
Clansman said:
Deliberately misleading on your behalf. A 1 for 30 share consolidation.
Now do the maths again and tell everybody how much AUD $1000 invested at the low point ( pre consolidation ) would be worth now????

Consolidation came on the 25th of November 2014.
Click to expand...

There was a consolidation in 2014 as you say. However, the name change was in fact in 2015 when the shares reached a low point of 2.5p. The high point was about 48p and presently trading just under 30p on London's AIM market. As I was a shareholder in Wildhorse Energy I'm aware of the terrible record up to 2015. New directors arrived on the scene and a change of direction heading for 'gods own country' and potash.
http://www.24hgold.com/english/news...of-share-consolidation.aspx?articleid=1365040
https://uk.advfn.com/stock-market/l...ergy-Limited-Change-of-Name/69542617?nomobile
p.png
 
Last edited:
Noirua, how slow on the uptake could you possible be???
noirua said:
There was a consolidation in 2014 as you say. However, the name change was in fact in 2015 when the shares reached a low point of 2.5p. The high point was about 48p and presently trading just under 30p on London's AIM market. As I was a shareholder in Wildhorse Energy I'm aware of the terrible record up to 2015. New directors arrived on the scene and a change of direction heading for 'gods own country' and potash.
http://www.24hgold.com/english/news...of-share-consolidation.aspx?articleid=1365040
https://uk.advfn.com/stock-market/l...ergy-Limited-Change-of-Name/69542617?nomobile
p.png
Click to expand...

Where do I say the name change wasn't in 2015?????????
Did it really take you more than a year to come up with another misinformed reply?
 
Clansman said:
Noirua, how slow on the uptake could you possible be???


Where do I say the name change wasn't in 2015?????????
Did it really take you more than a year to come up with another misinformed reply?
Click to expand...
noirua said:
There was a consolidation in 2014 as you say. However, the name change was in fact in 2015 when the shares reached a low point of 2.5p. The high point was about 48p and presently trading just under 30p on London's AIM market. As I was a shareholder in Wildhorse Energy I'm aware of the terrible record up to 2015. New directors arrived on the scene and a change of direction heading for 'gods own country' and potash.
http://www.24hgold.com/english/news...of-share-consolidation.aspx?articleid=1365040
https://uk.advfn.com/stock-market/l...ergy-Limited-Change-of-Name/69542617?nomobile
p.png
Click to expand...


and by the way, you still haven't answered the question from December 2019.
How much would $1000 invested in the company at the low point (pre consolidation ) be worth now????
 
explod said:
Without saying too much a bloke I've known since I was a kid has a Son working on this and big things coming for this. I'm not in it at this stage DYOR
Click to expand...

Lol. Without saying too much a bloke I've known since I was a kid reckons he's Lenny Kravit's dad. I'm not in his corner. He's actually Chinese.
 

Similar threads

TacoTed
VUX - Vital Energy Inc. (TSX.V)
Replies
17
Views
3K
TacoTed
TacoTed
YOUNG_TRADER
MRU - Mantra Resources
7 8 9
Replies
165
Views
25K
Trader Paul
T
YOUNG_TRADER
BLZ - Blaze Minerals
7 8 9
Replies
176
Views
27K
frugal.rock
frugal.rock
YOUNG_TRADER
GRL - Gawler Resources
2
Replies
22
Views
6K
mmmmining
mmmmining
YOUNG_TRADER
EKM - Eleckra Mines
2
Replies
35
Views
10K
Southern X
S
Top