APC 0.00% 0.1¢ australian potash limited

Ann: Off-Take MOU signed with Major Chinese Fertiliser Group, page-4

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  1. WCJ
    372 Posts.
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    Unfortunately the market is not interested, most likely due to the uncertainty in the whole thing. Seems like a bit of cart before the horse IMO when they are securing a non-binding MOU for Stage 2 production before test pumping for Stage 2 has been conducted and a PFS has even commenced. I like that they are proactively identifying markets and customers but it's a bit of a nothing announcement at this early stage when you consider Stage 2 production is at least 5-6 years away.
 
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