Western Resources WKN: A2DPEM ISIN: CA95942C1041 Kürzel: WR0 Branche: Rohstoffe, Industriemetalle, Bergbau

Unterm Radar

Das wird hier noch viel besser werden 🦁

😎

Denke, dass wir den Boden gesehen haben. Bis zur angestrebten Produktion 2020 sollte es langsam aufwärts gehen. Abnahmevertrag steht ja scheinbar.

Das wird wohl nix mehr, oder?!

Das kannste laut sagen. Das Management lügt ja auch wie gedruckt.

Das Ding muss bei mir den Euro knacken. Richtiger Fehlkauf bis jetzt

Das entscheidende dabei ist meiner Meinung nach die Meldung, dass man einen Nordamerikanischen Abnehmer gefunden hat.

NEWS!! WESTERN RESOURCES BOARD APPROVES MILESTONE POTASH PROJECT THREE-PHASE DEVELOPMENT PLAN & PHASE I EARLY WORKS 20/04/2018 Vancouver BC – Western Resources Corp. (WRX: TSX) (FSE: WR0) (“Western” or “the Company”) is pleased to announce that the Board of Directors approved a three-phase development plan (the “Plan”) for the Milestone Potash Project and the Phase I early works, at a meeting held on April 19, 2018. Through an assessment of the overall global potash market situation and the progress the project has achieved to date, the Management presented to the Board a three-phase development plan for the full-scale 2.8 million tonnes per annum capacity Milestone Potash Project (for which a Feasibility Study was completed in 2012 and Environmental Approval was obtained in 2013). The Plan includes the Phase I Project at an annual capacity of 146,000 tonnes of granular potash by applying a “horizontal cavern development + selective solution mining + crystal pond recovery” technique. Then, Phase II & III, each at annual capacity of 1.4 million tonnes of potash, will continue to utilise the same innovative mining methodology to provide improved economics based on the proven mining experience gained from Phase I. Management believes the progress achieved to date fully supports initiation of the Phase I Project early works this year. The progress includes a Letter of Intent that the Company has signed with a Chinese policy bank for a $60 million credit facility to finance the Milestone Phase I Project with certain conditions. The Company has also entered into a non-binding Memorandum of Understanding (MOU) with a senior North American agriculture industry player to transport and offtake 100% of the Phase I Project potash production to the North American market. In addition, the Phase I Project has received updated Environmental Approval under Saskatchewan’s Environmental Assessment Act in June 2017, and has completed an amended “Development Agreement” with the Rural Municipality of Lajord (“RM of Lajord”) in August 2017. The project continues to receive strong support from the local community, businesses and governments. The innovative mining technique of horizontal drilling with selective solution mining has been further optimized with the help of the world leader in selective horizontal dissolution, Agapito Associates. The first stage of the Phase I Project, to be completed in 2018, includes hauling aggregates to the site, site preparation, development of a groundwater source well for the Phase I Project, utility works and haul road designs, etc. The Board has approved a budget of $13.58 million for the early works in the meeting. Since Phase I requires an addition of a compaction system to meet with the new market requirements, the final engineering of Phase I will be completed by early 2019, together with CAPEX and OPEX updates. Given the successful result of the groundwater source well and early works, the Company anticipates formal sanction of the Phase I Project in Quarter 2 of 2019. Management also presented the Board with updates on the real estate projects investments, the combined budget actual to variances for the first six months of the 2018 fiscal year, as well as the Company’s overall Stock Option plans. Hon. James Moore, Chairman of Western Resources commented: “The Board is very pleased with the progress achieved on the Milestone Project since the Plan of Arrangement completed last year. Western would like to thank all management and staff who, over the past decade, have helped the project reach this stage. Phase I will witness more progress in 2018, and with further confirmation of financing, marketing and technical design, I believe the project will advance to formal construction by May 2019”.

WRX nimmt für Milestone behandeltes Abwasser. Somit wird kaum frisches Wasser verbraucht (sicherlich bedeutend günstiger und umweltfreundlich). Benötigt wird das für die Phasen 2/3 des Projektes. "Negotiating teams worked very hard over the past six months and came up with a mutually beneficial agreement that extends the right to access 25,000 cubic meters per day of treated wastewater until 2025, and a further 40 years access once wastewater is drawn." Immerhin mal wieder etwas Neues von dem Depotzombie.

Ob wir mit Western Garden Properties gen Norden gehen? Wohl nicht, wenn das alles war in 2017.

Ist da irgendwie gen Norden zu rechnen oder wird das gar nichts mehr ? Hörte dass die Produktion erst 2019 anläuft....

Die 10 Cent wären ja noch okay, geht wohl noch in die Subpenny Welt in der Zukunft, drecks Ch*****n

Oha, jetzt wirds aber ganz übel. Weg zu 0,10 €?

Geht wohl weiter tauchen..