valuation 40$+ (based on my calcs), page-9

the project will never be financed if the market cap is not in the billions ( saying the project is worth multiple billions).

nobody is ever going to give a 500 million market cap company 2 odd billion in debt and nobody is going to do a capital raising for 2 billion



trh need high potash prices to make it very very attractive and they need a big market cap one way or another



Mr Monti and Mr Forrest for a third go