ELM's resource is much better than Western Potash, Karnalyte and Encanto Potash. We know all that. I don't think Chinese and Indians aren't aware of ELM. They can't ignore ELM. If nothing happens between Chinese and ELM, that tells me ELM management has refused their offers, and in talks fo a different deal with someone else for the whole lot,.. which means a takeover might be on the cards.
The pressure on the sp tells me that as well. That's why I bought more ELM recently. I can feel the calm before the storm in these days.
37c for ELM is irresistable IMO. Good luck.
K2P Price at posting:
36.0¢ Sentiment: Buy Disclosure: Held