Potash West NL (now Parkway Corporate Limited) - March 2014 Report

Potash West continues to advance its 100% owned Dinner Hill SSP project, which forms part of the overall Dandaragan Trough project in WA targeting greensands. A scoping study has shown the feasibility of a 20 year, +340,000tpa SSP production facility, supplying both domestic and Asian markets, based on forecast USD cfr SSP prices of A$383/tonne. The keys to the project are a low ($144m) start-up capital, and relatively low operating costs due to the flat-lying, shallow simple mineralisation that is amenable to standard treatment options, and short transport distances. The Company is assessing further process improvements aimed at improving the project economics. The location is close to a potential market in Asia, with demand for fertilisers expected to continue to grow with the need to continually increase crop yields to feed a growing population. Download the report for more information…