we've been looking for a "partner" JV etc for years, thats widely known, problem is, with potash where it is, entities (like Dingyi) want it for cheap.
PATIENCE
there is clear demand, BHP stated outright that potash WILL be a 5th pillar. relax, cash will dry yes, but our shares havent been that diluted, so we have room to flex some listing or debt to equity conversions. GREAT asset is an understatement, and prior T/O offers says the mkt knows it.
$3bn++ asset value even prior to hanging wall and further exploration (drilling underway - again!), even at today's mundane potash prices, $1bn to build extraction plant, leaves $2bn net mkt value. At ~$200m mkt cap, 10 fold disconnect to NPV price.
You may see $3 once again cheapprice. could help buy a new wife. all the best to all.
K2P Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held
