Salt Lake Potash has said that trading in the shares of the company have been suspended on the Australian Securuties Exchange, pending an announcement regarding a substantial downgrade in production estimates for the year ending 30 June 2022 and a possible future fundraising.
Salt Lake Potash owns the Lake Way sulfate of potash project in Wiluna, Western Australia. Earlier this month the company announced that first sulfate of potash product expected in the weeks ahead.