I haven't give my 3.5 cents worth about this potash announcement...

I haven't give my 3.5 cents worth about this potash announcement so here 'tis. I think AGG's deal to spent $3 mil in 3 years for 40% implies a value of $4.5 mil for our 60%. Assuming all goes well after 3 years Karinga may be worth considerably more. The icing on the cake is access to 2 other projects in the next 6 years, world wide and the use of their technology in NT and SA. What's not to like? When I valued VRM I gave their potash assets no value so it's a bonus for me. I've also given the silica project nil value so hopefully another windfall soon if things go well there. I'd like to see the A$ down a bit and phosphate prices recovering but we have plenty of time. Long term phosphate has far more upside than downside IMO.