Are you kidding? I was going to apology, but won't.
I quoted from the company's announcement. The fact was I didn't find the 2012 study results and missed that updated one.
Did you be honest enough to mention the potash price they used in the 2012 study? US$579/t MoP. If using current potash price/institution's forecast potash price, the results will be totally different as potash was significantly less than two years ago.
I always states ELM has a huge resource. Never denied.
Just be objective as I always try to quote some official/independent info.
The potash industry is not short of supply. That's the fact for years. I did research before re potash industry. Today, I found the article re potash supply, sourced from Reuters.
K2P Price at posting:
20.0¢ Sentiment: None Disclosure: Not Held