I was doing some thinking about there current 5.7 million tonne...

I was doing some thinking about there current 5.7 million tonne Potash project that could be upgraded futher with a bit of drilling.

Say if Potash is around $300 per tonne that would mean there is some serious value here in this deposit. Company market cap around 6 million $ Australian.

That would mean that this company is very under valued in my opinion! By my calculator is project at these current prices is worh at least 1.7 billion $ dollars. Please do your own calculations I may be out or wrong.

Anyway the deposit is in a very good area as far as I understand and it wouldn't take much to get it to market.

When I think about all these little oil companies drilling for oil and trying to find it and produce at say 1000 barrels a day. I think well if these guys can produce Potash at around 330 tonnes per day they would or should be making a similer amount of money? Of couse you would have to think about the different production costs and so on but.

The above is just my opinion, please do your own research.