TRH 0.00% 83.0¢ transit holdings limited

5 billion tonnes of high grade potash at 34%, page-5

  1. 4,317 Posts.
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    Yeah good question the "world class" one. For my part to really be a world class potential, it has to be the kind of things the major mines would look at purchasing and would have these qualities:

    * High Grade and/or large bulk tonnage (in some average grades bulk tonnage is enough) , low cost, long life, close to infrastructure etc.

    In my mind to really be world class you want to have the potential of $200 billion or above in situ valuation for a bulk tonnage operation (you could get away with less in gold or silver due to low capex). That is what I look for anyhow.

    To be honest many of the stocks touted on HC that have good potential are not "world class" in the truest sense.

    I think TRH has the potential to be. We will know in the next year.

    If there are 1 Billion Tonnes of High Grade Potash down there, that could translate into 500 billion or above in situ - yes it will be world class - they are not using semantics there it is the real deal.

    Time will tell.

    There are only a couple of handfuls of stocks right now on the ASX at this MCap level with world class potential and for my money TRH is one of them.
 
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