STB 0.00% 40.0¢ south boulder mines ltd

paul's here, page-36

  1. 3,827 Posts.
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    127m shares

    $20m cash + Duketon
    Potash resource worth at least $100-$200m to a Chinese or similar buyer (and Chinese already doing projects in Eritrea)

    It doesn't get much more hairy than a mega capex project in Eritrea

    But someone could make a lot of money here on sp shakedown from $1-$2 since poor little STB found itself in trouble with Eritrean sovereign risk...if the project were to find its way into the hands of an owner that could do something with it...
 
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Currently unlisted public company.

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