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50.0% 0.2¢ australian potash limited

Ann: Non-renounceable Entitlement Offer, page-15

  1. sevo
    7,080 Posts.
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    27/07/22
    16:21
    Post #: 62759175
    Look at the holding cost of all those mining leases. $1.8M. With only $3.6M cash they would be out of business in 2 quarters.
    They can’t down tools if they wanted. And they have been paying for mining leases for years to avoid dealing with trad owners.

    APC Price at posting: 4.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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