undiluted market cap @ 80 cents = $195m although the deposit is...

undiluted market cap @ 80 cents = $195m

although the deposit is excellent, imo, share price will struggle, in the current market

imo, will remain heavily undervalued until takeover offer comes

quality of the deposit, imom, will outweight the risk

and what is the risk?

the only one i see is it being the only potash mine in the Congo; thus not in an established potash mining region

who knows? Vale could have pulled their Canadian project for ELM