is my maths right?, page-10

Thanks Gizard

In those terms the whole project seems to be a 'long shot'.

However i guess all start ups face this issue.

If a Jorc is proven later in the year then the funding might come in from anywhere/everywhere.

Are there many start-ups with proven Jorc that fail to find funding? (any commodity start up, not just Potash). I guess this is where production costs come in.

Seems that TRH's planned method of production is proven and reliable cost-wise with neighbouring mines using similar proven method, so production costs should not be prohibitive.

Still researching Potash supply/demand at the moment too before taking a position.