APC 0.00% 0.1¢ australian potash limited

Ann: RRS Presentation, page-3

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    I did and I thought APC was the standout of the 25 companies presenting. Resource known, bores cost and technology known, plant cost and technology known, the only uncertainty is the evaporation ponds which they will be able to prove up quickly in terms of effectiveness and cost with the pilot ponds.

    Very interestingly I have read Hartley's research and looked at SO4 which is trading at 43cents and just beginning production. In some ways Australian Potash is superior to SO4. When it goes into fundraising for production (which it undoubtably will) we have a barometer in front of us, even given the higher cost structures it will be at least a 30cents share at that point.
 
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