- Salt Lake Potash has distanced itself from an article published about its financial prospects and re-published by its own public relations firm.

The article, published by Cube Investments, included a number of production targets and financial forecast information, including net present values, for the company's Lake Way project in Australia.

In July, Salt Lake Potash completed a scoping study for a sulphate-of-potash demonstration plant at Lake Way.

It did not, however, report net present value, internal rate of return or operating earnings estimates.

'The company advises that it has not paid for, participated in or assisted with the drafting or reviewing of this article,' Salt Lake Potash said.

'The opinions in the article, including published targets and forecast financial information, are entirely those of the author only and are not endorsed by the company.'

Salt Lake Potash said it had asked its PR adviser Brand Communications to immediately remove the article from its website.

'The company will ensure that there are improved procedures in place to ensure that in future all material published on its behalf are approved by the company,' it added.

At 8:26am: (LON:SO4) Salt Lake Potash Limited share price was +0.3p at 25p

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