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31.3% 1.1¢ activex limited

potash deposit

  1. sailfish
    1,247 Posts.
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    24/09/10
    13:57
    Post #: 7239595
    When are they gunna put out some news on the potash deposit??? Seem undervalued to me, I just bought some today because of the exposer to potash.




    From their website:

    Extensive drilling of the lake in the 1980s has outlined the deposit and shows that the potassium content of the clays is consistent over the deposit. This drilling has been used to estimate a JORC compliant inferred resource of 5.8 million tonnes of 5.7% K2O, click here for details of this resource estimate. Limited drill testing is required to improve this estimate to measured and indicated status.
    AIV Price at posting: 6.2¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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