Lets call AGR Undiluted at 100 million shares not including performance shares. That is after Potash deal is inked and includes placement. 77 million dollars and never drilled a Potash Hole. TRH close to half that value at say 40 million undlitued Market cap. AGR has Phosphate, TRH has Rad investment and both have over $12 million cash.
Why the difference as both companies are cashed up to drill?
I might be missing something but AGR have not included the 20 Million Potash Vendor shares from Page 8 of the June Meeting announcement. It only says 211,967,684.
All we have from TRH is "The company?s focus is on sylvinite, a high grade form of potash ore that is cheaper and more effective to process to a saleable form than any other form of potash ore."
TRH Price at posting:
62.0¢ Sentiment: None Disclosure: Held
