Nothing new in qtrly but at least it didn't have any 'surprises'. Burning cash at 4m/month but mostly on drilling. Big news is PFS due in August. Strong recent vols and rise in SP give me confidence. Undoubtedly a world class Potash resource. Other news is that recent elctions went (by African standards) pretty smoothly. Ruling party re-elected with huge majority. Not saying govt isn't oppressive. Simply saying a coup/revolution doesn't appear likely before Xmas. Highish risk/high reward play.
K2P Price at posting:
69.5¢ Sentiment: Buy Disclosure: Held
