New beginnings, page-32

~ Diverse, experienced and versatile board. I have faith they'll be able to get the funding deal required to bring the project to production. No mean feat, and the sheer size of the project funding is why there is no interest at the moment. $1.8b in CAPEX required (although i would expect that to come down to $1.5b)

~ Great cornerstone investors in SQM & SGRF

~ Recent LSE listing will also assist in accessing different funding solutuions / more interest in project

~ Tightly (very) held share register

~ with expected population growth over next 20-30 years and people becoming more learned with eating and health, the increase in demand for both MOP and SOP will be huge.

~ The sheer volume of resource in the Congo basin

~ By the time KP2 is in production i predict a lot of the excess supply will have washed through. The excess supply has already hit potash entities over last few years (the upward cycle will be exciting). The improved prices will come at the right time.

~ Market cap of only $50m. That feels absurdly cheap.