We need the cash to go drilling to firm up a resource to JORC...

We need the cash to go drilling to firm up a resource to JORC standards.

Rather than write about 60c, 70c or 80c as the CR price, let's be kinda positive that it is happening. We are talking potash after all.

My feeling is that we will get a placement to HNWIs or a new cornestone investor (or 2).

So far TRH has done everything right (imo).

I can't see them getting it wrong at this stage.

With TRH's potash and 37% of RAD's Fe this must be the best cap raising story out there atm.

A well thought out CR will be like a big free neon sign in Martin Place promoting TRH to new investors.

It will also mean a team of broker / sales people promotoing TRH to a database of potential investors thus adding TRH to numerous watchlists whether they buy or not. in the CR.

So potentially post CR liquidity goes up.

All good :-)

EB