K2P 0.00% 18.0¢ kore potash limited

The total capex, the company estimated was $1.7b, and production...

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  1. 26,847 Posts.
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    The total capex, the company estimated was $1.7b, and production in 2015, which is impossible.
    (per company's recent announce, all-in cost was $124/t)

    The main reason halts my buy, the company needs a clear direction which way they are going, taking to production or being taken over/selling the project. I will prefer to latter one.
    Currently they just keep raising capital on drilling. They have big enough resource, not worth to spend millions of dollars every quarter. Just dilute share holdings.
    Last edited by 8horse: 07/09/14
 
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Currently unlisted public company.

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